Commodity Prices Retreat, Hurt by Dollar’s Advance - News Summed Up

Commodity Prices Retreat, Hurt by Dollar’s Advance


Commodity prices retreated with stocks Monday, stung by the weakening recovery in fuel demand and a strengthening dollar. Fears that some of Libya’s long-blockaded crude would return to the market added to the pressure on oil pries. Brent-crude futures, the international energy benchmark, fell 4% to $41.44 a barrel while U.S. crude futures dropped 4.4% to $39.31 a barrel.


Source: Wall Street Journal September 21, 2020 12:18 UTC



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