Oil prices stabilize after recovering from 3-month low, investors await inflation data and OPEC+ meeting
===============	
#12d86ea3 ver:2.48

Oil prices stabilize after recovering from 3-month low, investors await inflation data and OPEC+ meeting. Brent crude rises to $83.98 a barrel, WTI increases to $80.06 a barrel on strong economic data from China and the US, indicating a recovery in China's manufacturing sector and raising hopes for increased oil demand. Investors anticipate OPEC meeting on June 1 for further direction, with expectations of maintaining current production cuts. US gasoline demand reaches highest level since November, supporting prices ahead of Memorial Day weekend. OPEC+ meeting on June 2 to discuss extending voluntary output cuts. #OilPrices #OPEC #InflationData #EconomicRecovery...

#newstr #OilPrices #InflationData #Opec+ #CrudeOil #BrentCrude #WestTexasIntermediate 

 https://here.news/story/12d86ea3?ver=2.48