ClipperBlog

03 June

Oil unable to rally despite sliding dollar

Seventy-four years after the birth of Curtis Mayfield, and oil prices are struggling to move on up, despite a wilting dollar due to a shocker of a U.S. jobs report. The combo of yesterday's bearish-tilted OPEC meeting and today's weak nonfarm payrolls is ushering black gold, Texas tea away from fifty-dollardom once more. Hark, here are five things to consider in oil markets today: 

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Tagged ClipperBlog, Saudi crude exports, electric cars, Iran exports Leave a comment

About the Author

Matt Smith deciphers and distills what is most relevant across the energy complex into cohesive and pithy knowledge you can use. The belly laugh is a bonus.

Matt Smith

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