While oil prices (CL=F, BZ=F) face some downward pressure, they have remained above the crucial $80 level. Yahoo Finance's Ines Ferré breaks down the details, providing insights into factors such as the strengthening US dollar (DX=F) and geopolitical tensions that could be causing the sell-off. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith
While oil prices (CL=F, BZ=F) face some downward pressure, they have remained above the crucial $80 level. Yahoo Finance's Ines Ferré breaks down the details, providing insights into factors such as the strengthening US dollar (DX=F) and geopolitical tensions that could be causing the sell-off.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Editor's note: This article was written by Angel Smith
Bloomberg
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