Oil prices drop as Middle East tensions ease, market sentiment shifts to fundamentals and macroeconomics on Nostr: Oil Prices Rise on Optimism for Increased Demand in the US and China =============== ...
Oil Prices Rise on Optimism for Increased Demand in the US and China
===============
#12d86ea3 ver:2.11
Oil prices rise as optimism grows for increased demand in the US and China. China's industrial output is up, US economic indicators are positive, and declines in inventories create optimism. Asian LNG prices also rise due to hot weather, while gas prices in Europe hold steady. US oil rig count increases, and lower interest rates could soften the dollar. Investors await direction from the upcoming OPEC+ meeting. Meanwhile, a fire at Russia's Tuapse oil refinery is reported after Ukrainian drone attacks. #OilPrices #Demand #China #US #LNG #OPEC #EnergyInfrastructure...
#newstr #Oil #Demand #China #Us #BrentCrude #Wti #IndustrialOutput #EconomicIndicators #Lng #GasPrices
https://here.news/story/12d86ea3?ver=2.11Published at
2024-05-19 06:59:08Event JSON
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"content": "Oil Prices Rise on Optimism for Increased Demand in the US and China\n===============\t\n#12d86ea3 ver:2.11\n\nOil prices rise as optimism grows for increased demand in the US and China. China's industrial output is up, US economic indicators are positive, and declines in inventories create optimism. Asian LNG prices also rise due to hot weather, while gas prices in Europe hold steady. US oil rig count increases, and lower interest rates could soften the dollar. Investors await direction from the upcoming OPEC+ meeting. Meanwhile, a fire at Russia's Tuapse oil refinery is reported after Ukrainian drone attacks. #OilPrices #Demand #China #US #LNG #OPEC #EnergyInfrastructure...\n\n#newstr #Oil #Demand #China #Us #BrentCrude #Wti #IndustrialOutput #EconomicIndicators #Lng #GasPrices \n\n https://here.news/story/12d86ea3?ver=2.11",
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