Oil Prices Rebound Amid Dollar Strength
Oil prices experienced a reversal in fortunes on November 14th, after an early dip caused by a stronger dollar and concerns over rising global output amidst slow demand growth forecasts.
The Brent crude futures price gained 0.48 percent to trade at $72.63 per barrel, while West Texas Intermediate (WTI) crude was up by 0.5 percent to trade at $68.77 per barrel as reports last came in.