Oil Prices Rise as Dollar Weakens and Crude and Gasoline Inventories Ease
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#80409bb8 ver:1.15

Oil prices rise as dollar weakens, US crude and gasoline inventories ease. Brent crude futures up 0.7% to $85.74/barrel, WTI crude futures up 0.8% to $81.69/barrel. Weaker dollar due to Fed Chair Powell's soft landing statement supports prices. US oil inventories unexpectedly shrink due to increased summer travel demand. OPEC maintains forecast for strong global oil demand growth. #OilPrices #DollarWeakens #InventoriesEase #OPEC...

#newstr #OilPrices #Dollar #CpiData #UsInventories #Fed'sHesitation #SurgeInOilPrices #CrudeInventories #GasolineInventories #Opec #GlobalOilDemand #UsInflation #InterestRates 

 https://here.news/story/80409bb8?ver=1.15