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Oil economy drops more than a dollar as the dollar rises

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rocky
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Oil economy drops more than a dollar as the dollar rises

Post by rocky on Sat 03 Feb 2018, 2:58 am

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Oil economy drops more than a dollar as the dollar rises[/size]


 Twilight News    

 2 hours ago




Oil prices dropped from initial gains and fell more than a dollar in trading on Friday as the US dollar rallied following strong job data in the US, although energy markets are still supported by a strong commitment to OPEC-led output cuts and expectations of rising global demand. In 2018.
London's benchmark Brent crude <LCOc1> fell $ 1.44, or 2.07 percent, to $ 68.21 a barrel by 1500 GMT.
US WTI crude fell $ 1.20, or 1.8 percent, to $ 64.59 a barrel.




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