Oil prices rise on US inventories drawdown expectations, CPI focus
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#909cfb47 ver:0.49

Oil prices rise on expectations of US inventories drawdown and focus on CPI data, with Brent crude futures increasing to $83.40 a barrel and US WTI crude futures rising to $79.17 a barrel. However, concerns about high interest rates caused a decrease in oil prices, with Brent crude futures falling to $82.38 a barrel and US WTI crude futures depreciating to $78.02 a barrel. Prices rebounded on Wednesday as the US dollar weakened, US crude and gasoline inventories fell, and inflation data pointed to a more supportive economic outlook. Brent crude futures reached $82.89 a barrel, and US WTI crude futures rose to $78.57 a barrel. #OilPrices #USInventories #CPI #EconomicOutlook...

#newstr #OilPrices #UsInventories #Cpi #EconomicOutlook 

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