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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThis morning of On Friday 19 September, oil prices fell. However, the
Concerns about demand overshone optimism about lower American rates.Oil prices fell on Friday,
fears about fuel demand in the United States having taken the
Not on expectations related to a first interest rate cut of the year
by the Federal Reserve, which should have stimulated consumption.
Brent futures were losing
17 cents, or 0.3%, at $67.27 per barrel around 06:56 GMT, while the
American contracts (West Texas Intermediate) were also down 19 cents.
0.3%, to $63.38.
On the demand side, all agencies
energy companies, including the Energy Information Administration, reported their
concerns about weakening demand, thus tempering the
hopes for a sharp rise in prices in the short term, she added.
The 4 million barrel increase in distillate stocks in the United States, well above market expectations which expected an increase of one million barrels, revived fears about the Demand in the world's largest oil-consuming country and set prices under pressure.
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