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2024-07-04 03:56:40

OPEC+ Meeting Delayed as Uncertainty Surrounds Oil Prices in Asia on Nostr: US economic data dampens oil prices, raising concerns about oil demand ...

US economic data dampens oil prices, raising concerns about oil demand
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#80409bb8 ver:0.83

Oil prices rise on stronger Chinese manufacturing data, with Brent crude futures up 2% to $86.41/barrel and US WTI crude futures climbing 2.3% to $83.387/barrel. The positive tone is supported by a fall in the PCE price index, indicating easing inflation in the US. Traders await US inventory data and monitor hurricane impact on oil production and consumption. #OilPrices #ChinaManufacturing #Inflation #USInventory #HurricaneImpact...

#newstr #OilPrices #UsEconomy #UnemploymentBenefits #AdpEmploymentReport #IsmNonmanufacturingIndex #InterestRates

https://here.news/story/80409bb8?ver=0.83
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