High American inflation makes oil lose direction

The weakening of the dollar, caused by the rise of American inflation, has left the price of future contracts without direction on Thursday, February 15th. While the Brent-like barrel due in April fell 0.31%, at us $64.17, at Intercontinental Exchange (ICE), the WTI for the same month was advancing 0.13%, at US $60.59 per barrel, in the New York Mercantile Exchange (NYMEX).

According to Saxo Bank's head of commodity strategy, Ole Hansen, the weak dollar is targeting oil. This is because the currency has a proportional relationship with the commodities listed in the International American circular environment. The influence of the dollar and the negative outlook on stocks reductions in the United States have concerned investors.

But nevertheless, the saudists have stated that they will maintain the commitment of OPEC's reduction in oil production in order to enhance the commodity. Continue to follow the Offshore Panorama and stay informed about everything that happens in the market for oil, gas, energy, gasoline, fuel, Petrobras, onshore and Offshore. Remember, your business goes through here! Check out: www.panoramaoffshore.com.br. Www.facebook.com/panoramaoffshore.


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