Oil prices fall amid strong dollar, economic concerns - Business News, Finance News, Share Market News - Market trendz

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Thursday 29 September 2022

Oil prices fall amid strong dollar, economic concerns

The dollar trended upward on Thursday morning, after hitting a fresh two-decade peak against a basket of currencies on Wednesday before pulling back. A strong dollar reduces demand for oil by making it more expensive for buyers using other currencies.

from Commodities-Markets-Economic Times
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