Oil Prices Tank on Fears China’s Rate Cuts Herald Demand Weakness ...Middle East

OILPRICE - Economy
Oil Prices Tank on Fears China’s Rate Cuts Herald Demand Weakness
source : OILPRICE ( Middle East ) () 40
Oil prices were trading down nearly 2% in early-morning trading on Thursday, with markets attempting to digest the impact of lagging Chinese consumption on other positive U.S. inventory reports against the backdrop of another interest rate cut by Beijing.  At 6:50 a.m. ET on Thursday, Brent crude was trading down 1.77% at $80.26, while the U.S. benchmark, West Texas Intermediate (WTI), was trading down 1.80% at $76.19.  Though this week saw another big U.S. crude inventory draw reported by the Energy Information Administration (EIA),…

Hence then, the article about oil prices tank on fears china s rate cuts herald demand weakness was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Oil Prices Tank on Fears China’s Rate Cuts Herald Demand Weakness )

Apple Storegoogle play

Last updated :

Also on site :



Latest News

Zoomex nimmt an der EthCC in Cannes teil und legt den Schwerpunkt auf den Dialog mit der Branche sowie die Entwicklung der Infrastruktur

before 4 hours & 11 minute

Drillers See Triple-Digit Crude and Hit the Brakes

before 7 hours & 19 minute

Middle East War Reignites the Energy Transition

before 9 hours & 19 minute

Haier отмечает свои выдающиеся достижения в Париже, представляя новый портфель решений для «умного дома»

before 10 hours & 14 minute

Is It Time for Energy Rationing to Return?

before 11 hour & 17 minute

UNLTD x Peanuts® Returns for Spring with New Lacrosse Collection

before 12 hour & 14 minute

Washington Plans $1 Billion Deal to Kill Wind Power as Energy Prices Rise

before 13 hour & 19 minute

Record Your Passion: TORRAS Partners with Portugal Football for the Season Ahead

before 16 hour & minute

University of Phoenix White Paper Translates "Sandwich Generation" Research into Employer Strategies to Improve Retention and Workforce Stability

before 18 hour & 16 minute

IMF projects Egypt’s tourism revenues to reach US$ 28.7 billion by 2030-2031

before 19 hour & 6 minute

Hisense Advances a Quiet Green Revolution in Home Entertainment

before 19 hour & 45 minute

Hisense fait avancer une révolution verte tranquille dans le domaine du divertissement à domicile

before 20 hour & 55 minute

Proms have become like red-carpet events. That comes at a price.

before 21 hour & 8 minute

/C O R R E C T I O N -- FunL/

before 21 hour & 56 minute

Bybit P2P Meets Bybit Pay: 8,000 USDT Prize Pool Exclusive for Kenya

2026-3-28