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Oil dives on soaring dollar after US jobs report - Channel News Asia
Channel News Asia | Oil dives on soaring dollar after US jobs report Channel News Asia NEW YORK: A robust US jobs report on Friday (Mar 6) sent the dollar soaring, driving a sell-off in the oil market that left the US futures benchmark back below US$50 a barrel. West Texas Intermediate for delivery in April slid US$1.15 to US$49.61 on ... Oil in biggest weekly drop since January on dollar, rate-hike fear Oil steadies as dollar balances supply concerns U.S. Running Out Of Oil Storage? Blame Canada. |
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