Oil extended weakening trend on stronger dollar, Delta variant
Oil extended weakening trend on stronger dollar, Delta variant
International benchmarks for crude oil fell again on Friday, 6 August 2021 as the US dollar climbed after the US job report, while the spread of the Delta variant triggers strict restrictions on mobility in China, curbing demand.
Brent fell 59 cents to $70.70/barrel.
WTI dived 81 cents to $68.28/barrel.