Oil Prices Rise on Cooling US Inflation but Head for Weekly Dip
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#80409bb8 ver:1.2

Oil prices rise on weaker US inflation and unexpected decline in US oil inventories, but still head for a weekly dip. Brent crude futures up 0.7% to $85.74/barrel, WTI crude futures up 0.8% to $81.69/barrel. OPEC maintains forecast for strong global oil demand growth in 2024 and 2025. US refining activity and lower-than-expected inflation data support prices, while concerns over global economic recovery and potential impact on oil demand weigh on market. #OilPrices #Inflation #OPEC...

#newstr #OilPrices #UsInflation #UsInventories #OpecForecast 

 https://here.news/story/80409bb8?ver=1.2