Oil Surges on Geopolitical Tensions and Weaker Dollar

Oil closed over 3% higher, driven by geopolitical tensions, a weaker dollar, and supply disruptions, despite bearish contango signals in WTI futures.

Nov 19, 2024 - 05:00
Oil Surges on Geopolitical Tensions and Weaker Dollar
Oil closed over 3% higher, driven by geopolitical tensions, a weaker dollar, and supply disruptions, despite bearish contango signals in WTI futures.

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