Bloomberg | Oil Slips Below $56 on German Political Stalemate, OPEC Doubts Bloomberg The political turmoil in Germany helped strengthen the U.S. dollar, which depresses 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 ... Oil eases as traders and investors grow edgy ahead of OPEC View: It's never wise to bet against a Saudi oil minister Crude Oil Market: What Do Short Sellers Think? |