Oil futures fall, with U.S. prices retreating from their highest level since 2018

Oil futures fall, with U.S. prices retreating from their highest level since 2018
·1 min read

Oil futures declined Thursday, with U.S prices pulling back a day after marking the highest finish since October 2018. The stronger dollar was certainly "a renewed headwind for oil and all commodities," prompting some "cross-asset funds to lighten up on oil positions," said Tyler Richey, co-editor at Sevens Report Research. "Looking across commodities, it does seem like some cracks are emerging in the broader bull run," he said, noting that the drop in copper prices has "raised concerns about th

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