Oil Prices Rise Amid Rate Cut Cheer and Summer Demand Hopes =============== #909cfb47 ver:1.35 Oil prices rise as summer demand in the US picks up and there are hopes for interest rate cuts by the Federal Reserve. Brent crude futures have increased by 7% in the past four weeks, while WTI crude futures have climbed by 9%. Geopolitical tensions in the Middle East and a drawdown in inventories have also contributed to the rise. However, there are signs of less-than-expected demand growth in Asia and indications of subsiding inflation and contracting US manufacturing activity. #OilPrices #SummerDemand #InterestRateCuts #GeopoliticalTensions... #newstr #OilPrices #RateCuts #SummerDemand #BrentOilFutures #WestTexasIntermediateCrudeFutures #IsraelhamasCeasefire #Profittaking #FuelDemand #China https://here.news/story/909cfb47?ver=1.35