Oil Majors Fall Amid Strengthening Dollar

Oil Majors Fall Amid Strengthening Dollar

By Dhirendra Tripathi

Investing.com – Shares of integrated oil companies as well as standalone refiners and marketers fell Friday as the dollar strengthened and so did crude prices even though other commodities fell.

The dollar Index, which tracks the greenback against a basket of six other currencies, is on course for the largest weekly gain since September.