Oil firms on falling dollar
SINGAPORE (Reuters) – Oil edged back up above $97 a barrel in thin trade on Friday, buoyed by the unrelenting decline in the U.S. dollar, while some OPEC members showed signs of stepping up output ahead of their policy meeting in two weeks.
About Pete Southern
Pete Southern is an active trader, chartist and writer for market blogs. He is currently technical analysis contributor and admin at this here blog.
Most Popular Content
- Gold and Copper Prices Dip Amid Trade Turbulence and Tariff Worries
- Copper Prices Hit New Heights Amid Global Trade Tensions
- Oil Markets Respond to OPEC+ Production Signals as Prices Find Support
- Gold Prices Reach Record Highs Amid Economic Uncertainty and Volatility
- Pressure Mounts on the British Pound Following Autumn Budget
- Impact and Outlook for the U.S. Economy on Rate Cut
- Gold and Copper Markets Respond to Powell
- US Stock Market Faces Turbulence and Mixed Commodity Reactions
Currency Articles - Nov 3, 2024 13:35 - 0 Comments
Pressure Mounts on the British Pound Following Autumn Budget
More In Currency Articles
Gold and Oil News - Apr 5, 2025 15:06 - 0 Comments
Gold and Copper Prices Dip Amid Trade Turbulence and Tariff Worries
More In Gold and Oil News
- Copper Prices Hit New Heights Amid Global Trade Tensions
- Oil Markets Respond to OPEC+ Production Signals as Prices Find Support