Oil prices rise on bigger than expected drop in U.S. crude stocks

📆 18/07/2024 11:45:00
📰 globeandmail

⏱ Reading Time:
20 sec. here
3 min. at publisher
📊 Quality Score:
News: 14%
Publisher: 92%

Energy Noticias

Oilprice

Brent futures rose 41 cents to $85.49 a barrel by 0819 GMT, while U.S. West Texas Intermediate crude was up 69 cents to $83.54

Oil prices extended gains on Thursday, buoyed by a bigger than expected decline in crude stocks in the United States, the world’s largest oil consumer.

“Healthy demand signals from the U.S. outweigh concerns from modest Chinese growth last week,” said Priyanka Sachdeva, senior market analyst at Phillip Nova. Federal Reserve officials said on Wednesday that the U.S. central bank is closer to cutting rates given inflation’s improved trajectory and a labour market in better balance, possibly setting the stage for a reduction in September.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

Escribir Comentario

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Oil price news: Oil holds above US$85 a barrel as market gears up for U.S. dataOil rose as traders turned their attention to U.S. inventories data due later today.
Fuente: BNNBloomberg - 🏆 83. / 50 Leer más »