Oil drops on dollar strength and OPEC+ supply expectations

Capt. John

Oil prices fell on Friday as a collapse in bond prices led to gains in the U.S. dollar while crude supply is expected to rise in repsonse to prices back above pre-pandemic levels. Brent crude futures for April, which expire on Friday, fell 55 cents, or 0.8%, to $66.33 a barrel by 1033 GMT. The …

The...

https://www.hellenicshippingnews.com/oil-drops-on-dollar-strength-and-opec-supply-expectations/

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