WTI oil prices mixed as demand concerns outweigh Middle East supply fears
crystalballfinance.substack.com
West Texas Intermediate (WTI) crude prices fluctuate as economic headwinds weigh on investor sentiment, tempering gains from geopolitical tensions and absorbing hawkish comments from Fed Powell. Powell's remarks indicated that the Federal Reserve may require more time to be confident about inflation reaching 2%, given recent stronger-than-expected inflation data.
WTI oil prices mixed as demand concerns outweigh Middle East supply fears
WTI oil prices mixed as demand concerns…
WTI oil prices mixed as demand concerns outweigh Middle East supply fears
West Texas Intermediate (WTI) crude prices fluctuate as economic headwinds weigh on investor sentiment, tempering gains from geopolitical tensions and absorbing hawkish comments from Fed Powell. Powell's remarks indicated that the Federal Reserve may require more time to be confident about inflation reaching 2%, given recent stronger-than-expected inflation data.