Oil Market Dips as US Data Weighs on Rate Cuts Expectations
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#909cfb47 ver:0.47
Oil market dips as US data weighs on rate cuts expectations. Brent crude futures down 1.2% to $82.38/barrel, US WTI crude futures down 1.4% to $78.02/barrel. US producer prices increased, raising concerns about high interest rates. OPEC maintains forecast for strong global oil demand growth in 2024 and 2025. #OilMarket #USData #RateCuts #OPEC...
#newstr #OilMarket #UsData #RateCuts #BrentCrude #WtiCrude #FederalReserve #Inflation #Opec #GlobalOilDemand #MiddleEast
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