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Oil, inflation
Oil prices rise on US inventories drawdown expectations
Oil prices rose on Wednesday on expectations for higher demand as the U.S. dollar weakened and a report showed U.S. crude and gasoline inventories fell while the release of inflation data may point to a more supportive economic outlook.
Oil prices flat as traders await U.S. inflation data; OPEC forecasts unchanged
O il futures were little changed Tuesday morning after the Organization of the Petroleum Exporting Countries left its monthly forecasts largely unchanged and traders awaited U.S. inflation data. West Texas Intermediate crude for June delivery fell 7 cents,
Oil prices edge lower ahead of US inflation data; OPEC maintains forecasts
Investing.com - Oil prices edged slightly lower Tuesday, handing back some of the previous session's gains in cautious trade ahead of key U.S. inflation data, while OPEC+ kept its demand and supply forecasts unchanged.
Inflation, April
Inflation pressures ease in April as consumer prices rise at slowest pace in three months
April's CPI report is one of the most important data points the Federal Reserve will consider in its next interest rate decision.
Inflation eased to 3.4% in April, CPI data shows. What that means for Fed rate cuts
Inflation eased in April as another rise in rent and gasoline prices was offset by smaller gains in the cost of some services. After inflation picked up notably early this year, the report revealed more progress in the battle to tame prices but it may not be enough to convince the Federal Reserve to lower interest rates in the next couple of months.
US Inflation Falls As Expected In April, Bolsters Fed Rate Cut Bets
U.S. April inflation below expectations, may prompt Fed rate cuts. Retail sales up, but inflation rates down. Market reactions: bond yields, dollar down, stocks up.
10h
How Rising Gas Prices Complicate the Fed’s Inflation Strategy
Gas prices are rising faster than usual this year. WSJ’s David Uberti breaks down what’s behind the rise and how it ...
2d
on MSN
Calif. deploying secret weapon to raise gas prices by as much as 50 cents a gallon
In September, this blue state reported gas prices will rise next year by about 50 cents a gallon and every year thereafter to ...
2d
on MSN
Gas prices rise sharply in Columbus, around Ohio
Average gasoline prices in Columbus have risen 12.2 cents per gallon in the last week, averaging $3.56 for a gallon of ...
18h
on MSN
California gas prices could rise under new climate plan
California consumers may face another spike in gas prices, following a report released in September 2023 by the California ...
The San Joaquin Valley Sun
15h
“Secret” increase could raise gas prices by 50 cents
Gas prices in the Golden State could increase by nearly another 50 cents per gallon to align with California’s ambitious ...
8d
on MSN
Elevated gas prices poised to rise more this summer
Gas prices have been elevated in recent months heading into summer, when prices are expected to rise even more.
Daily Record
8d
Gas prices set to rise for summer, but there is reason for some optimism
New Jersey saw
gas prices
soar this spring, and an expert at AAA Northeast predicts the costs will continue upward over the ...
2d
Roanoke gas prices rise slightly in the last week
Average gasoline prices in Roanoke have risen 1.6 cents per gallon in the last week, averaging $3.38 per gallon Monday, ...
8d
on MSN
Here's how high NJ gas prices could rise for summer 2024
With Memorial Day weekend around the corner, gas prices are expected to be on the rise. But why might this summer might not be so bad.
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