Oil Prices Fall 3% On Stronger Dollar
Oil Prices Fall
Washington - QNA
Oil prices slid more than three per cent as the dollar jumped after the US Federal Reserve's decision to hike US interest rates and after a jump in crude inventories at the biggest US storage centre renewed concerns about a glut.
The dollar rose, making oil more expensive for countries using other currencies.
Brent crude futures settled at $US53.90 per barrel, down $US1.82, or 3.27 per cent after falling as low as $53.80.
US crude ended the session down $US1.94, or 3.66 per cent at $US51.04 per barrel after hitting a low of $US50.92.
- Friday ,07 September GMT 18:34 2018 Russia’s energy chief blames US trade war for current oil prices
GMT 07:04 2018 Monday ,22 October
Saudi Arabia has 'no intention' of 1973 oil embargo replayGMT 18:34 2018 Friday ,07 September
Russia’s energy chief blames US trade war for current oil pricesGMT 11:46 2018 Friday ,19 January
Oil market heads towards 'smooth rebalancingGMT 12:50 2017 Wednesday ,27 December
Oil prices close at 2-1/2 year peakGMT 12:46 2017 Wednesday ,28 June
Oil pulls back on preliminary dataRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 19:07 2018 Friday ,14 December
Lebanese PM flags up Saudi investment potential, financial tiesGMT 23:31 2012 Friday ,03 August
Pakistani parents jailed for \'honour killing\' of daughter
GMT 17:19 2017 Tuesday ,18 July
Wali meets with Arab ambassadors in New York
GMT 12:44 2018 Tuesday ,18 September
MBC Studio launches to grow TV, film in region
GMT 20:00 2017 Monday ,24 April
Nasser10 preparations reviewed
GMT 07:37 2017 Tuesday ,14 November
Arab Coalition kills 18 Houthi militants in Yemen’s Jawf and Taiz
GMT 14:30 2014 Saturday ,16 August
Tens of thousands take to streets to protest Pakistani government
GMT 09:57 2017 Wednesday ,05 July
King congratulates presidents
GMT 06:50 2017 Friday ,30 June
RAF Rabat’s coach underlines difficulty
GMT 16:36 2017 Saturday ,22 April
Prestigious Muslim body condemns Paris attackGMT 18:37 2011 Monday ,04 July
Abu Dhabi hotel occupancy up 10%
GMT 15:14 2017 Thursday ,02 February
Justin Trudeau Forces FOX News to Delete Incorrect Quebec
GMT 20:07 2017 Thursday ,20 April
2 killed, injured in Arish blast
GMT 20:00 2017 Monday ,03 April
Pope ‘deeply pained’ by deaths and destruction in Colombia
GMT 21:17 2017 Wednesday ,03 May
Malian gov't condemns vicious attack on military convoy
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor