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Oil Prices Slip Again on Dollar's Strength - Wall Street Journal
Wall Street Journal | Oil Prices Slip Again on Dollar's Strength Wall Street Journal LONDON—Oil prices slumped again on Friday, as the U.S. dollar strengthened, wrapping up a terrible month in which prices fell back to levels last seen in January. While the positive U.S. economic data tends to be positive for oil over the longer run ... US oil settles down 27 cents, or 0.55%, at $48.52 a barrel Oil dips as robust dollar offsets stock drawdown Opinion: Buying oil stocks at these prices is just spilling money |
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