Oil down on strong dollar, OPEC uncertainty

Oil prices slid on Friday, dragged by a strong dollar and uncertainty over whether OPEC will agree to cut production at the group’s meeting next week, but benchmark contracts were on track to close the week with gains close to 4 percent.

Sourced through  from: www.reuters.com

This is the news which is affecting the movements of the highly volatile oil markets due to the currency fluctuations. As the opec uncertainty is prevalent, see what the news on Reuters is elaborating

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