FX & CFD trading involves significant risk
The dollar index is near session highs, but this is only pressuring select commodities this morning. April crude oil rose to overnight highs of $99.20 per barrel, but lost steam following news that Saudi Arabia was raising production. Supply shortfalls in Libya are still a concern though. On its pullback, crude fell into negative territory and new session lows of $96.17 per barrel. In current trade, crude is just below the unchanged line at $97.18 per barrel.
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