Oil Prices Dip as Hurricane Beryl Impact Fades and Weak China Inflation Data Emerges
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#80409bb8 ver:1.12

Oil prices dip as Hurricane Beryl impact fades and weak China inflation data emerges. Brent crude falls 1.3% to $84.66/barrel, WTI crude drops 1.1% to $81.41/barrel. Texas oil production resumes, Middle East ceasefire hopes reduce supply disruption worries. US crude inventories down 1.9 million barrels, EIA raises demand estimates for 2024 and 2025. Brent futures down 0.69% to $84.08/barrel, WTI crude down 0.59% to $80.93/barrel. Concerns over China demand and easing Middle East tensions press on oil prices. US crude and gasoline inventories fall, indicating steady summer fuel demand. #OilPrices #HurricaneBeryl #ChinaInflation #MiddleEast #CrudeOil #EIA...

#newstr #Oil #CrudeOil #China #Inflation #HurricaneBeryl #MiddleEast #GazaWar #InterestRates #UsEnergyInformationAdministration 

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