Oil Prices Are Affected by Disappointing US Indicators - AlbertoNews - Uncensored Journalism

Oil is falling, undermined by disappointing US economic indicators Admin FCE 29 May 2025 - 21:03 Oil prices have declined on Thursday, stricken by the image of an American economy in difficulty following the publication of several indicators, and despite a sharper than expected increase in crude oil stocks in the United States. The price of the Brent barrel of the North Sea, for delivery in July, has dropped 1.16% to 64.15 dollars. Its American …

International oil prices fell on Thursday, affected by the image of a struggling US economy following the publication of several indicators. AFP In London, the price of the North Sea Brent crude barrel for delivery in July dropped 1.16% to $64.15. Meanwhile, in New York Square, the West Texas Intermediate barrel (WTI), for delivery in the same month, fell 1.46% when closing at $60.94. “Today’s economic data in the United States were not very goo…