Oil Prices Dip on Sluggish Demand and Fed's Interest Rate Outlook
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#909cfb47 ver:0.39

Oil prices dip on sluggish demand and Fed's interest rate outlook. Brent crude slides to $82.72 per barrel, while US West Texas Intermediate crude stands at $78.21 per barrel. Weak fuel demand and China's PPI contraction contribute to the bearish sentiment. Discussions among Fed officials on interest rates add to market jitters. Signs of weak demand seen in increased gasoline and distillate inventories. OPEC+ may extend supply cuts, but uncertainty remains. US oil rig count falls to lowest since November. #OilPrices #Demand #Fed #InterestRates #OPEC...

#newstr #OilPrices #FuelDemand #FederalReserve #InterestRates #China #ProducerPriceIndex #GasolineInventories #DistillateInventories #Opec #Iraq #OilProductionCuts #OilRigCount 

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