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 Oil Prices Extend Declines on Weak Fuel Demand and Strong Dollar
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#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