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Oil Retreats On Firmer Dollar, Yet Set For Weekly Gain

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 22, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Oil prices retreated on Friday, yet for its third straight weekly advance, as the dollar’s strength cut demand on dollar-denominated commodities. Crude oil set a low of $43.22 a barrel, resuming its drop for a second straight session after hitting a peak of $44.47 the previous session. Brent crude fell[​IMG]

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