Brent crude slips below $100 per barrel due to the higher dollar
Brent crude falls $7 to settle below $100 a barrel. A strengthening dollar, demand-sapping COVID-19 curbs in China. Rising fears of a global economic slowdown are behind the drop. Oil is generally priced in U.S. dollars. Hedge funds and other money managers sold the equivalent of 110 million barrels. Brent rough tumbled $7 on Tuesday … Read more