Oil prices rise on US inventories drawdown expectations, CPI focus
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#909cfb47 ver:0.49
Oil prices rise on expectations of US inventories drawdown and focus on CPI data, with Brent crude futures increasing to $83.40 a barrel and US WTI crude futures rising to $79.17 a barrel. However, concerns about high interest rates caused a decrease in oil prices, with Brent crude futures falling to $82.38 a barrel and US WTI crude futures depreciating to $78.02 a barrel. Prices rebounded on Wednesday as the US dollar weakened, US crude and gasoline inventories fell, and inflation data pointed to a more supportive economic outlook. Brent crude futures reached $82.89 a barrel, and US WTI crude futures rose to $78.57 a barrel. #OilPrices #USInventories #CPI #EconomicOutlook...
#newstr #OilPrices #UsInventories #Cpi #EconomicOutlook
https://here.news/story/909cfb47?ver=0.49
Oil prices rise on US inventories drawdown expectations, CPI focus
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#909cfb47 ver:0.48
Oil prices rise on expectations of US inventories drawdown and focus on CPI data, with Brent crude up 4 cents to $83.40 a barrel and US WTI crude up 5 cents to $79.17 a barrel. However, concerns about high interest rates caused a drop in oil prices, with Brent crude down 1.2% to $82.38 a barrel and US WTI crude down 1.4% to $78.02 a barrel. Oil prices then rose on Wednesday as the US dollar weakened, US crude and gasoline inventories fell, and inflation data pointed to a more supportive economic outlook. Brent crude was up 51 cents to $82.89 a barrel, and US WTI crude rose 55 cents to $78.57 a barrel. #OilPrices #USInventories #CPI #InterestRates #OPEC #Demand #Inflation #USCrude #Gasoline #EconomicOutlook...
#newstr #OilPrices #UsInventories #Cpi #EconomicOutlook
https://here.news/story/909cfb47?ver=0.48
Oil Market Dips as US Data Weighs on Rate Cuts Expectations
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#909cfb47 ver:0.47
Oil market dips as US data weighs on rate cuts expectations. Brent crude futures down 1.2% to $82.38/barrel, US WTI crude futures down 1.4% to $78.02/barrel. US producer prices increased, raising concerns about high interest rates. OPEC maintains forecast for strong global oil demand growth in 2024 and 2025. #OilMarket #USData #RateCuts #OPEC...
#newstr #OilMarket #UsData #RateCuts #BrentCrude #WtiCrude #FederalReserve #Inflation #Opec #GlobalOilDemand #MiddleEast
https://here.news/story/909cfb47?ver=0.47
Oil Prices Steady as Investors Await US Inflation Data and OPEC Report
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#909cfb47 ver:0.46
Oil prices hold steady as investors await US inflation data and OPEC report. Brent crude futures inch up to $83.40 a barrel, while US West Texas Intermediate crude futures rise to $79.17 a barrel. Focus on US CPI data for insights on potential interest rate cuts. #OilPrices #InflationData #OPECReport...
#newstr #OilPrices #UsInflation #OpecReport
https://here.news/story/909cfb47?ver=0.46
Oil Prices Surge on China's Fiscal Stimulus and Canadian Wildfires Threatening Supply
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#909cfb47 ver:0.45
#OilPrices surge on China's fiscal stimulus and Canadian wildfires threatening supply. Brent crude futures rise 0.3% to $83.59/barrel, while WTI crude futures increase to $78.85/barrel. China plans to raise $138 billion through bond issuance for economic stimulation. Wildfires in Canada pose risk to oil and gas supplies. #Energy #Economy...
#newstr #OilPrices #China #FiscalStimulus #CanadianWildfires #BrentOilFutures #WestTexasIntermediate #InflationData #BondIssuance #Wildfires #OilAndGasSupplies #NorthAmericanCrudeMarkets
https://here.news/story/909cfb47?ver=0.45
Oil Prices Stabilize at $83 Amid Global Economic Uncertainties and OPEC Speculations
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#909cfb47 ver:0.42
Oil prices stabilize around $83 amid global economic uncertainties and OPEC speculations. Weak fuel demand and doubts about interest rate cuts contribute to the decline. However, expectations of extended supply cuts by OPEC+ and geopolitical tensions in the Middle East provide some support. Key inflation data from the US and rising gasoline inventories impact the market. #OilPrices #OPEC #Economy...
#newstr #OilPrices #BrentCrude #WtiCrude #InflationData #UsInterestRates #ChineseEconomicData #UsInflationReports #FederalReserve #Opec+ #ProductionCuts #GeopoliticalTensions #MiddleEast #IsraelgazaConflict #ConsumerConfidence #GasolineInventories #DistillateInventories
https://here.news/story/909cfb47?ver=0.42
Oil Prices Extend Declines on Weak Fuel Demand and Strong Dollar
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#909cfb47 ver:0.41
Oil prices continue to decline due to weak fuel demand and concerns over interest rate cuts. Brent crude falls to $82.72 per barrel, while US West Texas Intermediate crude stands at $78.21 per barrel. China's producer price index contracts, indicating sluggish business demand. Rising gasoline and distillate inventories suggest weak demand, while discussions among US Federal Reserve officials add to market uncertainty. Despite challenges, expectations remain for OPEC+ to extend supply cuts. Iraq commits to voluntary production cuts and cooperation to stabilize global oil markets. US oil rig count drops to lowest level since November. #OilPrices #FuelDemand #InterestRates #OPEC #GlobalOilMarkets...
#newstr #OilPrices #FuelDemand #Dollar #FederalReserve #InterestRateCuts #ProducerPriceIndex #GasolineInventories #DistillateInventories #Opec #Iraq #OilProductionCuts #OilRigCount
https://here.news/story/909cfb47?ver=0.41
Oil Prices Extend Declines on Weak Fuel Demand and Strong Dollar
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#909cfb47 ver:0.4
Oil prices continue to decline due to weak fuel demand and concerns over interest rate cuts. Brent crude falls to $82.72 per barrel, while US West Texas Intermediate crude stands at $78.21 per barrel. China's producer price index contracts, indicating sluggish business demand. US gasoline and distillate inventories rise, reflecting weak demand. OPEC+ may extend supply cuts, but uncertainty remains. US oil rig count drops to lowest since November. #OilPrices #FuelDemand #InterestRates #OPEC #USOilProduction...
#newstr #OilPrices #FuelDemand #FederalReserve #InterestRateCuts #China #ProducerPriceIndex #GasolineInventories #DistillateInventories #Opec #Iraq #OilProductionCuts #OilRigCount
https://here.news/story/909cfb47?ver=0.4
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
https://here.news/story/909cfb47?ver=0.39
Oil Prices Extend Decline on Weak Fuel Demand and Strong Dollar
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#909cfb47 ver:0.35
#OilPrices continue to decline due to weak fuel demand and a strong dollar. Comments from US Federal Reserve officials dampened hopes of interest rate cuts, potentially slowing growth and crimping fuel demand. China's PPI contracted in April, indicating sluggish business demand. Refiners globally struggle with slumping diesel profits as new refineries boost supplies and slow economic activity eats into demand. However, expectations remain that OPEC+ could extend supply cuts into H2 2019. #OilMarket #FuelDemand #OPEC...
#newstr #OilPrices #FuelDemand #FederalReserve #InterestRateCuts #Inflation #Opec #Iraq #OilRigCount
https://here.news/story/909cfb47?ver=0.35
Oil Prices React to Mixed US Inventory Data, Middle East Tensions, Federal Reserve Rate Cut Hopes, and Positive US-China Demand Data
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#909cfb47 ver:0.33
Oil prices fell in Asian trading due to increased US crude and fuel stockpiles, weak demand, and tensions in the Middle East. Brent crude futures dropped 0.3% to $82.95 a barrel, while US crude futures fell 0.2% to $78.25 a barrel. The decline is also influenced by easing supply tightness and updated forecasts of higher world oil output and lower demand growth. The strengthening US dollar and hopes of a ceasefire in Gaza further pressured oil prices. #OilPrices #USInventoryData #MiddleEastTensions #FederalReserve #USChinaDemand...
#newstr #OilPrices #UsStockpileBuild #MiddleEastTensions #FederalReserve #InterestRateCut #UschinaDemandData
https://here.news/story/909cfb47?ver=0.33
Oil Prices React to Mixed US Inventory Data, Middle East Tensions, and Fed Rate Cut Hopes
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#909cfb47 ver:0.32
Oil prices react to mixed US inventory data, Middle East tensions, and Fed rate cut hopes. US crude and fuel stockpiles increase, indicating weak demand. Tensions in the Middle East continue as Israel strikes Gaza. The strengthening US dollar dampens oil demand. OPEC+ may increase output. #OilPrices #USInventory #MiddleEastTensions #FedRateCut...
#newstr #OilPrices #UsCrudeInventories #FederalReserve #InterestRateCut
https://here.news/story/909cfb47?ver=0.32
Oil Prices React to Mixed US Inventory Data and Middle East Tensions
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#909cfb47 ver:0.3
Oil prices fall as US inventory data shows increase in stockpiles, indicating weak demand. Middle East tensions add further pressure. #OilPrices #USInventory #MiddleEastTensions...
#newstr #OilPrices #UsStockpileBuild #MiddleEastTensions #EiaDataReport
https://here.news/story/909cfb47?ver=0.3
Oil Prices Fall on Rising US Stockpiles and Middle East Tensions
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#909cfb47 ver:0.26
Oil prices fall on rising US stockpiles and Middle East tensions, with US inventories unexpectedly growing and tensions in Gaza continuing. Brent crude futures drop 0.3% to $82.95/barrel, while US crude futures fall 0.2% to $78.25/barrel. Easing supply tightness and updated forecasts from the EIA also contribute to the decline. #OilPrices #USStockpiles #MiddleEastTensions...
#newstr #OilPrices #UsStockpiles #MiddleEastTensions #Gaza #Opec #UsEconomy #InterestRates
https://here.news/story/909cfb47?ver=0.26
Oil Prices Fall on Rising US Stockpiles and Middle East Tensions
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#909cfb47 ver:0.25
Oil prices drop on rising US stockpiles and Middle East tensions, as US inventories unexpectedly grow and ceasefire negotiations in Gaza stall. Brent crude falls 0.4% to $82.82/barrel, while WTI crude drops 0.4% to $77.76/barrel. #OilPrices #USStockpiles #MiddleEastTensions...
#newstr #OilPrices #UsStockpiles #MiddleEastTensions
https://here.news/story/909cfb47?ver=0.25
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