Oil prices dip on resurgent dollar
Losses limited by drop in US crude stockpile and forecasts of a pickup in demand in second half of the year
17 June 2021 - 11:53
Oil prices dipped on Thursday as a stronger US dollar brought them off multiyear highs, but losses were limited by a big drop in US crude inventories.
Brent futures dropped 33c, or 0.4%, to $74.06/bbl by 8.36am GMT after reaching the highest since April 2019 in the previous session...
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