Oil Prices Stumbled as US Dollar Rises on Rate Cut Concerns
Oil prices fell on Monday as the US dollar continued to be buoyed by the prospect of higher-for-longer interest rates, weighing on sentiment for commodities priced in the greenback ahead
Oil prices fell on Monday as the US dollar continued to be buoyed by the prospect of higher-for-longer interest rates, weighing on sentiment for commodities priced in the greenback ahead
Quick Look: Consecutive Weekly Gains: Oil prices are set for a second week of gains due to rising demand and declining US inventories. Brent futures at $85.53 per barrel and
Oil prices edged lower in early trade on Friday as a possibly extended period of higher interest rates in the US and Asia weighed on markets, although a US stockpile
Quick Look: Central banks’ substantial gold purchases have driven a 49% price increase over 20 months. Early 2023 saw ETF outflows, but May brought renewed investor interest with slight increases.
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