Oil prices fall as strengthening dollar prompts weak demand concern

TOKYO  – Oil prices fell on Thursday as muted U.S. economic data and expectations of interest rate hikes pushed up the U.S. dollar, prompting fear of a stronger dollar hurting global oil demand by making it more expensive. Brent futures for June delivery were down by 37 cents, or 0.4 percent, at $82.76 a barrel. … Continue reading Oil prices fall as strengthening dollar prompts weak demand concern