Brent Oil - Ringgit ends lower against greenback as oil prices decline
06-12-2022 03:08
The ringgit retreated from its gains against the US dollar at the close today, weighed down by declining oil prices and robust United States (US) economic data, said an analyst.
Oil prices fall on higher U.S. dollar, economic fears
Oil prices fell in a volatile market on Tuesday, as a stronger U.S. dollar and economic uncertainty offset the bullish impact of a price cap placed on Russian oil and prospects of a demand boost in ...
Oil Price Fundamental Daily Forecast – Fed Rate Hike Concerns Support Dollar, Cap Crude Oil Gains
A stronger greenback tends to weigh on foreign demand for dollar-denominated crude oil. This is likely the main reason prices fell on Monday.
Brent Crude Oil Price Forecast for 2022, 2023, 2025
Brent crude oil price retreated as the market reflected on this week’s cap of Russian oil. We explain what to expect in 2022, 2023, 2025 ...
Crude oil prices rise after price cap on Russian crude, OPEC+ meeting; Brent hits $83.34/bbl
Brent crude futures LCOc1 had risen 66 cents to $83.34 a barrel by 0108 GMT. West Texas Intermediate crude (WTI) CLc1 rose 70 cents to $77.63 a barrel.
