Oil falls 1% on strong US dollar



<br /> Oil falls 1% on strong US dollar <br />
















































Singapore, Oct. 3 (BNA): Oil prices slipped by around 1% in early Asian trade on Tuesday, after falling to a three-week low in the previous session, on a stronger U.S. dollar, rising U.S. bond yields and mixed supply signals.

 

Brent futures for December delivery declined 99 cents, or 1.09%, to $89.72 a barrel by 0549 GMT, while U.S. West Texas Intermediate crude (WTI) , fell 78 cents, or 0.88%, to $88.04 per barrel.

 

M.I.

 



































































#Oil #falls #strong #dollar

Source link

READ MORE  Dollar stands tall as Powell reappointment firms hawkish Fed bets

Leave a Comment