Oil prices score weekly losses on strong dollar, China demand worries
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 20 2024
0mins
Source: MarketWatch
Market Performance: Oil futures remained relatively stable on Friday but experienced losses over the week due to a strong U.S. dollar and concerns about demand, especially from China.
Expert Insight: Stephen Innes from SPI Asset Management highlighted the complexity of factors influencing the oil market beyond surface-level trends.
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.
