Oil Prices Tread Water as Market Anticipates US Inflation Insights Oil prices remained relatively stable, with Western Texas Intermediate futures slightly declining to close just below $78 per barrel, after experiencing the lowest intraday price in two weeks. This cautious market movement comes as investors await US inflation data, which, if higher than anticipated, could complicate the Federal Reserve’s monetary policy decisions. Additionally, key oil market reports from the International Energy Agency (IEA), the Organization of the Petroleum Exporting Countries (OPEC), and the US are expected to be released this week, potentially influencing future oil price trajectories. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts U.S. Strategizes Financial Blockade on Chinese Banks Over Russia Support READ MORE This Is the Greatest Manipulation of Gold In History READ MORE Are the Gold Bulls Overexuberant? READ MORE China's Top Banks Launch $8.3 Billion Bond Sale to Boost Capital Reserves READ MORE Javier Milei's Budget Miracle: Libertarian Principles in Action! READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment