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Oil mixed as dollar gains and key OPEC meeting looms

Reuters  |  NEW YORK 

By Ayenat MersieNEW YORK (Reuters) - Oil prices were mixed on Thursday, with Brent slipping and U.S. crude gaining, as a stronger dollar weighed and a key supply-setting meeting of the Organization of the Petroleum Exporting Countries loomed. Brent crude oil lost 80 cents to settle at $75.94 a barrel, while West Texas Intermediate crude gained 25 cents to settle at $66.89."The independent show of WTI strength is merely a catchup process to the higher priced products and Brent values," Jim Ritterbusch, president of Ritterbusch and Associates said in a note. Brent and WTI hit 3-1/2-year highs ...

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First Published: Fri, June 15 2018. 01:20 IST
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