Oil prices fall amid strong dollar, economic concerns - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Wednesday, 28 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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