Crude Oil Update: Brent Grapples With Rampant Dollar While Supply Concerns Remain - DailyFX
7/8/2022 12:00:00 AM3 years 7 months ago
by Warren Venketas
by Warren Venketas
Brent crude recovered somewhat after fundamental tailwinds boosted prices yesterday but the strong dollar continues to act as a limiting factor.
BRENT CRUDE OIL (LCOc1) ANALYSIS
- Demand-side factors bolstered by potential Chinese stimulus package.
- Kazakhstan oil flows could be disrupted.
- NFP in focus as dollar looks u… [+1945 chars] full article...