# Oil prices ease on strong dollar, mixed global economic news | Reuters

> Oil prices eased on a strong dollar and mixed global economic news. The article text provided is mostly boilerplate with little detail on specific drivers.

- Date: 2024-06-21 · published 2024-06-21T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/29943-oil-prices-ease-on-strong-dollar-mixed-global-economic-news-reuters
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar makes dollar-priced commodities more expensive for foreign buyers, weighing modestly on energy and feed ingredient prices.

## Read by commodity

- DXY: bullish ▲
- WTI: bearish ▼
- BRENT: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/business/energy/oil-prices-slip-rate-hike-worries-come-into-focus-2024-06-21/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.