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Oil prices slide higher, snapping a two-week losing streak


Oil costs edged higher on Friday, breaking a fourteen day series of failures after the dollar relaxed strength following inline expansion information when international strains endure.

At 2:30 PM ET (19:30 GMT), the cost rose 0.3% to $89.85 per barrel, while it rose 0.4% to $89.38 per barrel.

PCE expansion is ascending in accordance with assumptions
The dollar rose 0.3% last month, carrying the yearly figure through Spring to 2.7%, contrasted and financial specialists' evaluations of a 2.6% ascent.

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Last Update : May 04, 2024 6:34 AM
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Item  Owner  : raymondngiancola
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