Post Tagged with: "weaker dollar"

Source: CNBC

Oil up more than 2% as weaker dollar offsets China COVID-19 concerns


Oil prices rose on Tuesday, recouping losses from the previous session, as a weaker U.S. dollar offset widening COVID-19 curbs in China that have stoked fears of slowing fuel demand in the world’s second-largest oil consumer.


Brent crude

November 1, 2022 - 9:30 am Closing Bell Story‎, Crude Oil News, Energy News
Source: Reuters

Oil rises on weaker dollar and supply worry; trade choppy

Yahoo Finance

NEW YORK  – Oil prices rose on Tuesday, rebounding from an early fall of more than $1 a barrel on lift from a weaker dollar and supply concerns highlighted by Saudi Arabia’s energy minister.


Benchmark Brent crude …

Source: Reuters

Oil jumps 3% on weaker dollar after seven days of losses


LONDON -Oil prices jumped 3% on Monday, recovering from a seven-day losing streak, with gains driven by a weaker dollar despite demand concerns stoked by rising cases of the Delta coronavirus variant.

Brent crude climbed $2.15, or 3.2%, to …

Source: Reuters

Brent oil hovers around $50/bl on vaccine optimism and weaker dollar


LONDON -Oil prices edged lower on Wednesday after a surprise gain in U.S. crude inventories and tighter coronavirus lockdowns in Europe but a weakening dollar and progress on the rollout of COVID-19 vaccines offered support.

Brent crude futures were …