Oil Prices Extend Declines on Weak Fuel Demand and Strong Dollar =============== #909cfb47 ver:0.4 Oil prices continue to decline due to weak fuel demand and concerns over interest rate cuts. Brent crude falls to $82.72 per barrel, while US West Texas Intermediate crude stands at $78.21 per barrel. China's producer price index contracts, indicating sluggish business demand. US gasoline and distillate inventories rise, reflecting weak demand. OPEC+ may extend supply cuts, but uncertainty remains. US oil rig count drops to lowest since November. #OilPrices #FuelDemand #InterestRates #OPEC #USOilProduction... #newstr #OilPrices #FuelDemand #FederalReserve #InterestRateCuts #China #ProducerPriceIndex #GasolineInventories #DistillateInventories #Opec #Iraq #OilProductionCuts #OilRigCount https://here.news/story/909cfb47?ver=0.4