Oil Prices Rise on Slower US Inflation and Strong Demand
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#909cfb47 ver:0.55

Oil prices rise on weaker US inflation, strong demand, and falling inventories. Brent crude futures up 0.6% at $82.89/barrel, WTI crude futures up 0.7% at $78.57/barrel. US crude inventories fell 3.1 million barrels, gasoline inventories down 1.3 million barrels. Expectations of further drawdown in US oil inventories and potential interest rate cuts support prices. #OilPrices #Demand #Inflation #US #Economy...

#newstr #OilPrices #UsInflation #Demand #InterestRateCut #FederalReserve #CrudeOilInventories #GasolineInventories #DistillateInventories #Iea #Opec 

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