OIL PRICE: BRENT ABOVE $113, WTI ABOVE $109
OIL PRICE: BRENT ABOVE $113, WTI ABOVE $109

OIL PRICE: BRENT ABOVE $113, WTI ABOVE $109

Vladimir Vinogradov Vladimir Vinogradov

Vladimir Vinogradov

WOGNEWS.NET, Global Energy Market Climate Changes News. Новости мирового энергетического рынка, изменений климата.

发布日期: 2022年3月22日
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Brent fell $1.92, or 1.7%, to $113.70 a barrel. WTI slipped $2.82, or 2.5%, to $109.3. Both contracts had settled up more than 7% on Monday.

Oil also slipped as the U.S. dollar strengthened after comments from U.S. Federal Reserve Chair Jerome Powell on Monday that flagged a more aggressive tightening of monetary policy than previously anticipated.

A strong dollar makes crude more expensive for other currency holders and tends to weigh on risk appetite.

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