Oil prices fall as the dollar rises

Economy/International
  • 18-06-2021, 12:14
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    Crude oil prices are down nearly 2% today, as the US dollar gaining on the prospect of a US Federal Reserve interest rate hike in 2023.

    Brent crude futures fell $1.31, or 1.8 percent, to $73.08 a barrel upon settlement.

    US West Texas Intermediate crude fell $1.11, or 1.5 percent, to a settlement price of $71.04.

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