Oil prices decline on concerns over Chinese demand and global economic growth
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#11811d82 ver:0.34

Oil prices decline on concerns over Chinese demand and global economic growth. Weak Chinese GDP and US political fallout weigh on the market. Brent crude futures rise 0.1% to $85.10 a barrel, while West Texas Intermediate crude futures rise 0.1% to $84.15 a barrel. Lower interest rates may boost economic activity and oil demand. Attacks on ships in the Red Sea force vessels to take longer routes, keeping oil on the water longer. Political uncertainty in the US and the Middle East support oil prices. Despite the decline, the US Energy Information Agency predicts Brent crude will average $87.97 per barrel in Q3 and $89.64 in Q4. #OilPrices #ChineseDemand #GlobalEconomy #InterestRates #RedSea #PoliticalUncertainty #MiddleEast...

#newstr #OilPrices #ChineseDemand #GlobalEconomy #UsPoliticalFallout #Dollar #TrumpAttack #MiddleEastTensions #HouthiAttacks #Russia #Opec #UsEconomy 

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