US economic data dampens oil prices, raising concerns about oil demand =============== #80409bb8 ver:0.83 Oil prices rise on stronger Chinese manufacturing data, with Brent crude futures up 2% to $86.41/barrel and US WTI crude futures climbing 2.3% to $83.387/barrel. The positive tone is supported by a fall in the PCE price index, indicating easing inflation in the US. Traders await US inventory data and monitor hurricane impact on oil production and consumption. #OilPrices #ChinaManufacturing #Inflation #USInventory #HurricaneImpact... #newstr #OilPrices #UsEconomy #UnemploymentBenefits #AdpEmploymentReport #IsmNonmanufacturingIndex #InterestRates https://here.news/story/80409bb8?ver=0.83