Crude Oil Prices Drop 1% on US Economic Worries
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#12d86ea3 ver:2.55

Crude oil prices drop 1% on US economic worries, as muted global demand and concerns about lower-than-expected oil demand lead to a decrease in prices. The anticipation of a ceasefire deal in the Hamas-Israel conflict and the import of discounted Russian oil by China and India also contribute to the decline. Additionally, worries about the global economy, particularly in the US, have emerged, with talk of higher interest rates dampening economic growth prospects and resulting in lower energy demand. The upcoming OPEC+ meeting on June 2 is expected to discuss maintaining production cuts. #OilPrices #USDemand #OPEC...

#newstr #CrudeOilPrices #UsEconomicWorries 

 https://here.news/story/12d86ea3?ver=2.55