Author Topic: Oil drops on surging dollar, rising US crude stocks, jump in Iran exports  (Read 1784 times)

Offline ruthlim

  • Knight
  • **
  • Posts: 248
Oil prices fell on Thursday, pulled down by rising U.S. crude inventories, a stronger dollar and surging output from Iran to Europe and Asia. Brent crude futures were down 80 cents, or 1.6 percent from their last settlement, trading at $48.13 per barrel at 0643 GMT.