Stronger Dollar, weakening demand push oil lower

Note: This section contains information in English only.
Source: WBP Online
Oil futures continued to slide on Wednesday, as strengthening Greenback and softening demand for commodities were weighing on oil prices. The New York traded WTI fell 0.8% to $47.59 a barrel, while across the pond the Brent Crude futures traded 0.8% lower to $52.85 a barrel by 8:10 AM GMT. Moreover, later in the day, Crude inventory data will be released.
Back to articles

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request)
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request).
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.