Oil Prices Experience Setback Amidst US Demand Concerns

Saturday, 13 July 2024, 16:07
The latest updates delve into the decline of oil prices due to lower US demand and anticipation of Fed rate cuts. Brent crude sits at $85 per barrel after snapping a four-week winning streak. Stay informed about the economic implications and market fluctuations in this comprehensive post.
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Oil Prices Experience Setback Amidst US Demand Concerns

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Highlights:

  • Oil prices decline after weak US demand outlook
  • Brent at $85 per barrel
  • Stay tuned for market reactions to possible Fed rate cuts

This blog covers all through the lens of Dalal Street and the global markets.

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.

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