Bloomberg | Oil Loses Ground on German Political Stalemate, OPEC Doubts Bloomberg The political turmoil in Germany helped strengthen the dollar, which tends to depress oil prices, said Bill O'Grady, chief market strategist at Confluence Investment Management in St. Louis. Data released Friday showed wagers on lower Brent prices rose ... View: It's never wise to bet against a Saudi oil minister Crude Oil Market: What Do Short Sellers Think? Lower Costs, Shale Growth And Demand Doubts Will Keep Oil Futures In Check |