Published 3 years ago

Crude oil prices steady near multi-year highs

Summary by Ground News

Oil prices slump nearly 3% from their highest level in years on Thursday. The U.S. dollar strengthened after the Federal Reserve signaled it might raise interest rates as soon as 2023. An upcoming election in Iran on Friday could scuttle the nuclear talks. A firmer greenback makes oil more expensive in other currencies, which could dent demand.

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Times of India

Crude oil prices steady near multi-year highs

Brent crude oil futures dropped 12 cents, or 0.1%, to $74.27 a barrel by 1332 GMT. They hit their highest since April 2019 in the previous session.

3 years ago·India

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CNBC

Oil falls, pulling back from multi-year highs

Crude oil prices fell on Thursday pressured by a stronger U.S. dollar, but losses were limited by a big drop in crude oil inventories in the United States.

3 years ago·United States

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Financial Post

Oil tumbles 3% from multi-year highs on stronger dollar

NEW YORK -- Oil prices slumped nearly 3% from their highest level in years on Thursday as the U.S. dollar strengthened after the Federal Reserve signaled it might raise interest rates as soon as 2023 and hopes the United States and Iran could come to a nuclear agreement. Read More

3 years ago·Canada

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Oil & Gas 360

Crude oil prices steady near multi-year highs

ReutersLONDON -Crude oil prices hovered near multi-year highs on Thursday, buoyed by falling U.S. crude inventories which limited the impact of a stronger U.S. dollar.Brent crude oil futures dropped 12 cents, or 0.1%, to $74.27 a barrel by …The post Crude oil prices steady near multi-year highs appeared first on Oil & Gas 360.

3 years ago·Denver, United States

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