Economic Data Drives Oil Prices Higher Despite Weekly Decline
===============	
#80409bb8 ver:1.19

Despite a weekly decline, oil prices rose in Asian trade due to weakness in the dollar and increased demand from summer travel. The US Energy Information Administration reported a larger-than-expected decline in inventories, while OPEC maintained its forecast for strong global oil demand growth. However, concerns over the global economic recovery and potential impact on oil demand led to a weekly decline in prices. OPEC may consider rolling back production cuts if demand remains strong. #OilPrices #EconomicData #OPEC...

#newstr #OilPrices #InflationData #Opec #ProductionCuts #Demand #InterestRateCut 

 https://here.news/story/80409bb8?ver=1.19