Oil prices end lower, a day after climbing to a 2-month high
Marketwatch -

Oil declined Thursday, falling back a day after settling at the highest price in two months. Prices fell despite continued weakness in the U.S. dollar, "signaling that the move higher in oil futures over the past month may have once again gotten too far ahead of the physical market reality," said Troy Vincent, senior market analyst at DTN. Hopes of "omicron burning through the population quickly has caused many to overlook the impact the current global wave of the virus is having on demand," he...

Read this story at

Loading...

Related Articles