Oil Prices Steady as Declining US Inventories Offset Slowing China Demand
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#909cfb47 ver:1.42

#OilPrices face downward pressure as slowing #ChinaDemand and tightening US supply weigh on market sentiment. Brent crude falls to $83.62/barrel, while US WTI crude is at $80.65/barrel. Chinese economy grows at slowest rate since Q1 2023, raising concerns about oil demand. US crude inventories fall by 4.4 million barrels, indicating tightening supply. Rising geopolitical risk limits decline in oil prices. #Energy #Economy...

#newstr #OilPrices #China #UsInventories #BrentCrude #WestTexasIntermediate #EconomicGrowth 

 https://here.news/story/909cfb47?ver=1.42