Crude Plunged on USD's Rally, Stockbuilds and Weak Data
BonTradeCrude oil price dropped as the dollar strengthened and inventory increased more than expected. The benchmark contract settled at 80.61, down -1.6%. Disappointment from economic data in the US also pressured prices. Gold plunged to a 6-week low as the euro tumbled. The benchmark contract fell -1.4% and closed at 1089.2 yesterday.
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Crude Plunged on USD's Rally, Stockbuilds and Weak Data
