U.S. Oil Prices Surge Over $83 Amid Manufacturing Slowdown Introduction On April 23rd, 2024, the energy market witnessed a notable surge as U.S. crude oil prices soared past the $83 per barrel mark. This surge, amidst a backdrop of economic shifts and geopolitical tensions, sent ripples through global markets. Let’s dive into the key factors that drove this significant event: Manufacturing Slowdown: The day began with sobering news as U.S. manufacturing activity hit a four-month low, registering a reading of 49.9 on the S&P Global Flash U.S. Composite PMI. This contractionary signal added weight to concerns about economic growth and set the stage for market reactions later in the day. Often people ignore reading life lessons books so here is one of the best life lessons book you will ever read Your Life and Your Destiny by James Allen Link:- https://amzn.to/4bcvKdf Interest Rate Cut Speculations: Traders wasted no time interpreting the manufacturing slowdown as a potential precu
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