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Weak dollar, high U.S. inventories fail to boost oil prices

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Weak dollar, high U.S. inventories fail to boost oil prices
16 March 2017, New York — Oil prices eased on Thursday, as support from a weaker dollar was offset by a stubbornly high level of U.S. inventories near record highs that suggested OPEC-led output cuts were starting to drain supplies. The Organization of the Petroleum Exporting Countries and some non-OPEC producers cut production from Jan. […] More »
Weak dollar, high U.S. inventories fail to boost oil prices Weak dollar, high U.S. inventories fail to boost oil prices Reviewed by Crude Oil Facilitators on 16:24 Rating: 5

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