Wednesday, 27 January 2021

Oil falls on demand fears, strengthening dollar

Oil slid in Asia morning trade on Thursday despite a huge drop in U.S. crude stock, as the strength in the U.S. dollar and fresh fuel demand worries due to travel curbs and delays with coronavirus vaccines weighed on prices. U.S. West Texas Intermediate (WTI) crude futures fell 33 cents, or 0.62%, to $52.52 a […]

from Daily Times https://ift.tt/36mwIEW

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