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Oil Prices Edge Higher as Weak Dollar Boosts Demand

Summary by Anadolu Ajansı

Prices inch up from last week's steep decline with weak US dollar, expected to raise demand by making oil cheaper for those who use foreign currencies - Anadolu Agency

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Oil prices edge higher as weak dollar boosts demand

Prices inch up from last week's steep decline with weak US dollar, expected to raise demand by making oil cheaper for those who use foreign currencies - Anadolu Agency

17 hours ago·Ankara, Türkiye

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NotreTemps.com

+2 Reposted by 2 other sources

Oil Advances Between Geopolitics and Dollar Weakness

Oil prices rose on Tuesday as part of the geopolitical risk premium re-entered the market, and prices were driven by the persistent weakness of the dollar. Two rockets fell on Monday night at Kirkuk airport, in the north of...

1 day ago

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Handelszeitung

Us Dollar Sinks to the Franc to the Lowest Level in 14 Years

The dollar weakness of recent weeks continues. On Tuesday, the greenback marked new annual lows for both the franc and the euro.

1 day ago

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Barchart.com

Iran Concerns and Dollar Weakness Support Crude Oil Prices

August WTI crude oil (CLQ25 ) Tuesday closed up +0.34 (+0.52%), and August RBOB gasoline (RBQ25 ) closed up +2.82 (+1.36%). Crude oil and gasoline prices settled higher Tuesday after the dollar index (DXY00 ) fell to a 3 1/3-year low. Also, concerns that Middle East tensions could flare up...

1 day ago

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