Oil Prices Stall as $80 Brent Remains Elusive; Focus on US Inventories

Oil prices struggle to break above $80 brent level amid mixed signals on supply and demand. Increased oil supply offsets concerns over Middle East conflict while weaker economic growth and cooling demand weigh on oil prices. Focus on economic activity indicators and upcoming data releases for market insights. U.S. inventories show mixed cues and highlight weak demand. Outlook for U.S. inventories and market expectations provide important cues for the oil market.