Oil trades lower on stronger US Dollar

Note: This section contains information in English only.
Source: WBP Online

On the back of the stronger Greenback, crude oil prices lost some ground on Monday. West Texas Intermediate declined 0.14%, trading at $49.26 per barrel, and Brent dropped 0.30%, trading at $49.80 per barrel by 12:40 GMT on Monday, whereas the US Dollar Index rose 0.39%.




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Mon, 30 May 2016 13:32:04 GMT

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