Oil Prices Rise on Weakening Dollar and China Woes
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#80409bb8 ver:0.68
Oil prices rise on weakening dollar and China woes, supported by supply deficit forecasts and OPEC+ cuts. Brent crude futures at $85.16/barrel, WTI crude futures at $81.71/barrel. Analysts predict Q3 supply deficits due to summer fuel consumption and OPEC+ cuts. Geopolitical concerns and hopes of Fed rate cut also boost prices. China's manufacturing activity decline dampens oil demand. #OilPrices #OPEC #China #FedRateCut...
#newstr #OilPrices #Dollar #China #FederalReserve #InterestRates
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