Oil Prices Rise on Strong Summer Demand and Easing Inflationary Pressures in the US
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#909cfb47 ver:1.33

Oil prices rise on strong summer demand in the US, easing inflationary pressures, and geopolitical tensions in the Middle East. Brent crude futures up 7% in 4 weeks, WTI crude futures up 9%. Concerns about global oil supplies and potential interest rate cuts also contribute. However, signs of less-than-expected demand growth in Asia and contracting US manufacturing activity limit gains. Investors closely watching for potential Fed rate cuts. Oil prices on track for fourth straight week of gains. #OilPrices #SummerDemand #Inflation #Geopolitics #InterestRates...

#newstr #Oil #Inflation #Demand #Gasoline #JetFuel #Refiners #Crude #FederalReserve #InterestRates #Commodities 

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