Oil Stuck in Narrow Range Ahead of Key US Economic Figures

📆 6/27/2024 3:10 AM
📰 YahooFinanceCA

⏱ Reading Time:
10 sec. here
5 min. at publisher
📊 Quality Score:
News: 17%
Publisher: 63%

Bloomberg News

West Texas Intermediate,Stock Markets,Employment Figures

(Bloomberg) -- Oil dipped ahead of key US economic data, as the market seeks a catalyst to break out of the tightest trading range in over three years.Most...

-- Oil dipped ahead of key US economic data, as the market seeks a catalyst to break out of the tightest trading range in over three years.Volkswagen Invests $5 Billion in EV Startup Rivian to Form Joint VentureBrent slipped below $85 a barrel and has swung in a narrow range of $1.76 so far this week, the smallest fluctuation since early 2021.

“Signals on demand remain mixed, but are generally positive given summer travel and cooling demand,” said Charu Chanana, market strategist for Saxo Capital Markets Pte in Singapore.

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Polkadot stuck in $6 range: Rough days ahead for DOT?Since the 14th of June, Polkadot [DOT] has been trading between $6.10 and $6.25. By the look of things, the sideways movement
Source: CryptoAmb - 🏆 22. / 68 Read more »