The fall in oil prices with the growth of the dollar
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Oil prices fell today, on Friday, against the background of the growth of the US currency, as markets expect continued tightening of monetary policy in the US by the Fed.
By 09:45 Moscow time, futures for US oil were trading at $77.51 per barrel, which is 1.25% lower than the previous settlement price.
Brent oil futures traded at $84.16 a barrel, down 1.15% from the previous close.
In the foreign exchange market, the dollar index, which measures the value of the US currency against a basket of currencies, rose 0.55% to 104.4310 points.
Yesterday, oil prices fell and Brent closed at $85.14/bbl, while US crude closed at $78.49/bbl.
Source: RT + Bloomberg
