Oil prices slip from multi-month highs on demand concerns
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#80409bb8 ver:0.95

Oil prices slip from multi-month highs as demand concerns weigh on the market. Brent crude futures fall 0.53% to $86.88 per barrel, while WTI crude futures drop 0.61% to $83.37 per barrel. Weak U.S. economic data and rising jobless claims raise concerns about lower demand, but potential rate cuts by the Federal Reserve could support oil demand. Traders take profits after recent gains, while UBS predicts Brent crude to reach $90 per barrel this quarter. #OilPrices #DemandConcerns #FedRateCuts...

#newstr #OilPrices #UsEconomy #DemandConcerns #UnemploymentBenefits #InterestRateCuts #Opec+ #OilInventories 

 https://here.news/story/80409bb8?ver=0.95