Oil prices buoyed by weaker U.S. dollar
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 12 2025
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Source: MarketWatch
Oil Price Movement: Oil futures increased due to a weaker U.S. dollar, despite ongoing global market uncertainties and trade tensions.
Market Outlook: Analysts suggest that while oil prices settled higher, they remain sensitive to external factors, with ICE Brent trading below $70 a barrel.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
