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شبكة راية الإعلامية
Oil drops as dollar nears weekly low
Oil prices declined slightly this morning, with Brent crude dropping by 0.39% to $105.51 per barrel, and West Texas Intermediate falling by 0.55% to $97.43 per barrel. Meanwhile, the dollar weakened against major currencies, heading toward a weekly loss of 0.14%, with the dollar index steady at 102.07 points. The British pound gained 0.3% over the week, supported by unexpectedly strong UK economic growth, while the New Zealand dollar remained at 0.5621 USD, headed for a 0.1% weekly increase. In contrast, the Australian dollar remained steady at 0.6921 USD but is on track for an 0.8% weekly decrease after a weak jobs report.
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