HomeMarketsFuturesCrude Oil Trading At January Levels, U.S. Dollar Strength Is To Blame
Crude Oil Trading At January Levels, U.S. Dollar Strength Is To Blame

"The crude oil price today is like catching a falling knife. The U.S. Dollar strength is causing investors to get out of their commodity positions. Money flow causes these price shifts and not supply and demand. Big moves in crude oil could create opportunity for investors to buy the dip. Fear in the global economy causes the U.S. Dollar price to increase as the currency is a flight to safety," says Chris Robinson.

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