Are U.S. Demand Concerns Impacting Oil Prices? A Closer Look
Thursday, 25 April 2024, 12:26
Impact of U.S. Demand on Oil Prices
Oil prices held steady as concerns over U.S. demand for gasoline lingered. Brent crude stood at around $87 per barrel, with traders closely monitoring market dynamics.
Key Highlights:
- Stability: Oil prices remained largely unchanged
- U.S. Data: Weekly demand for gasoline dropped
- Market Reaction: Traders weighed the implications on global oil prices
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.