U.S. Crude Has 1st Weekly Loss in Three As Dollar Smothers Commodities

© Reuters. By Barani Krishnan   Investing.com — U.S. crude prices posted their first weekly loss in three on Friday as a resurgent dollar smothered most commodities.  Global oil benchmark Brent also had its first weekly dip since January though the drop barely made a dent on market sentiment with the London-traded crude staying at just […]

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Oil Up Again as US Reports Crude Draw vs Gasoline Build

© Reuters. Investing.com – Crude prices rose for an eight day in a row on Wednesday as the U.S. government reported another weekly drop in stockpiles that bucked market expectations — though gasoline inventories ballooned again, exhibiting the one weak link in the oil complex. New York-traded , the key indicator for U.S. crude, settled […]

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