Oil falls on stronger US dollar, possibility of higher OPEC+ output
Donald Trump
Oil prices slipped on Friday, weighed down by a stronger U.S. dollar and the possibility that OPEC+ will further increase its crude oil output. Brent futures fell 37 cents to $64.07 a barrel by 0015 GMT. U.S. West Texas Intermediate crude futures lost 39 cents to $60.81. Brent was down 2 per cent on the week, and WTI was 2.7 per cent lower. The U.S. dollar strengthened against a basket of currencies on Thursday, boosted by the passage of President Donald Trump's bill for tax and spending cuts
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