US Crude Oil Holds Strong Above $80 Despite Mixed Data U.S. crude oil prices remained above $80 per barrel on Tuesday, continuing strong gains from Monday despite mixed economic data from China. West Texas Intermediate futures rose over 2% on Monday, driven by higher-than-expected retail sales in China, though industrial output and investment fell short. Analysts attribute the recent rally to speculators covering short positions and expect market tightening in the third quarter due to summer fuel demand. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Housing Costs Fuel Jump in Core US Inflation READ MORE Fed's Barr: Disappointing Inflation Data Delays Rate Cuts READ MORE Dollar's Surge Triggers Market Interventions as Asian Currencies Tumble READ MORE BRICS Nations' Gold Rush: Safeguarding Economies Against US Recession Fears READ MORE Yen Predicted to Weaken to Lowest Since 1986 Amid Rate Disparities READ MORE Add a Comment Cancel replyYour email address will not be published.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