Friday, November 18, 2016

The price of oil pressured by strong dollar – the Swedish newspaper svenska Dagbladet

A futures contract for delivery of brent crude next month, falling to just over 46 dollars per barrel.

the Dollar has lifted to its highest level in over 13 years against a basket of other world currencies since the US central banker Janet Yellen made it clear that the other styrräntehöjningen in the united states at ten years of age can come “quite soon”.

Against the Swedish krona, the u.s. currency has the highest exchange rate since 2002 is within easy reach.

expectations that the Opec will limit oil production accelerated in a week ago, Saudi arabia’s energy minister, Khalid al-Falih commented positively about the prospects for make up on new produktionstak ahead of a meeting with Opec colleagues in Doha on Friday.

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