Brent oil lower as dollar strengthens
Traders cautious ahead of release of details from latest Federal Reserve meeting
Source: businesslive.co.za
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WTI Drops To $80 As Bearish Momentum Grows
Crude oil is likely to remain under pressure ahead of next week’s holiday-shortened week because of ongoing concerns about demand, the dollar’s renewed strength and worries about a global recession
Source: oilprice.com
Oil Falls More Than 4% As Traders Ditch The China Reopening Play
Crude prices plummeted on Thursday, with WTI falling more than 4% as traders started to dump front-month oil futures as a result of easing geopolitical tensions and a more negative demand outlook from China
Source: oilprice.com
WTI Crude Spikes Almost 5% On Fears Of Tight Supply
Crude oil prices were on the rise early on Friday morning on continuing fears that the oil markets remain tight with the G7 agreeing on a fixed price capping mechanism on Russian crude
Source: oilprice.com
WTI Sinks Below $80 On Rising Crude Inventories
Despite the energy crisis in Europe and Asia, and the alleged gas to oil switching as a result, rising crude oil stocks in the United States have just tanked WTI prices to a 4-week low
Source: oilprice.com