Weak US GDP Casts Cloud Over Demand: Chief Oil Analyst

Don Ma
By Don Ma
April 26, 2024Business Matters

Oil prices rose on Friday, drawing support from concerns about tensions in the Middle East, but gains were capped by a rise in the dollar after U.S. inflation data dampened hopes the Federal Reserve would cut interest rates soon. Denton Cinquegrana, chief oil analyst at Oil Price Information Service, tells NTD where oil prices are headed this year.


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