Oil prices recover slightly as traders await inflation and OPEC cues
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#12d86ea3 ver:2.42

Oil prices recover slightly as traders await inflation and OPEC cues. Brent crude rose to $82.22 a barrel and WTI increased to $77.85 a barrel. The rise came after strong economic data from China and the US, indicating a recovery in China's manufacturing sector and raising hopes for increased oil demand. Investors are anticipating the upcoming OPEC meeting on June 1 for further direction, with expectations that OPEC will maintain current production cuts. The market is also awaiting more cues on US inflation. #OilPrices #OPEC #Inflation #EconomicRecovery...

#newstr #OilPrices #Inflation #Opec #BrentOilFutures #WestTexasIntermediateCrudeFutures #PcePriceIndex #FederalReserve #Opec+ 

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