Cancel 2018. 3
<-- sched 2, MJ sched 1
Oil ends sharply down on strong dollar, inventories
(Reuters) - U.S. crude oil fell 4 percent on Tuesday in its steepest loss in three months as the dollar strengthened and oil markets awaited inventory reports expected to show rising U.S. crude and fuel stocks.
The dollar's rise came as investors turned risk averse and sold oil and equities amid concerns that Greece's debt problems could spread to other euro zone countries. A stronger dollar is usually bearish for oil as it reduces demand for commodities traded in dollars.
http://www.reuters.com/article/idUSTRE6142V820100504
hopefully jarod learns something from this thread
(Reuters) - U.S. crude oil fell 4 percent on Tuesday in its steepest loss in three months as the dollar strengthened and oil markets awaited inventory reports expected to show rising U.S. crude and fuel stocks.
The dollar's rise came as investors turned risk averse and sold oil and equities amid concerns that Greece's debt problems could spread to other euro zone countries. A stronger dollar is usually bearish for oil as it reduces demand for commodities traded in dollars.
http://www.reuters.com/article/idUSTRE6142V820100504
hopefully jarod learns something from this thread