Sign Up
Stories
Oil Prices Ease Amid Dollar Strength
Share
Aramco Boosts May Oil Prices
Commodities Mixed Movements Highlighted
Commodity Market Closings Report
Oil Prices Rise Amid Disruptions
Overview
API
Oil prices retreat from 4-month peaks amid profit-taking and dollar strength, with Brent at $85.26 and West Texas Intermediate at $80.58. Gains driven by U.S. demand and supply worries. OPEC and IEA project robust future oil demand despite economic uncertainties.
Ask a question
How might the dollar's strength continue to impact oil prices in the near future?
In what ways can global economic growth concerns affect the projected strong oil demand in the coming years?
What specific geopolitical tensions are currently affecting oil supply concerns?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Dec 2023
Jan 2024
Feb 2024
Coverage