Oil prices dropped early on Friday as profit-taking and a strengthening U.S. dollar put a stop to this week’s rally that saw prices hitting a six-week high on Thursday. As of 10:14 a.m. EDT on Friday, WTI Crude was trading down below $64 a barrel, at $63.43, down by 2.32 percent. Brent Crude prices were down by 1.87 percent on the day at $67.26. On Thursday, oil prices had jumped to their highest levels in six weeks as a brighter outlook on the American economy and oil demand offset bearish demand prospects from the COVID crisis in India.…
Hence then, the article about oil slips on profit taking stronger u s dollar was published today ( ) and is available onOILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Oil Slips On Profit Taking, Stronger U.S. Dollar )