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Oil prices dip as strong dollar outweighs supply disruptions

May 6, 2016

Via: CNBC
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Oil prices dipped on Friday, dragged down by a surging dollar that at least temporarily outweighed supply disruptions in North America, where a massive wildfire was threatening Canada’s huge oil sands operations.

The dollar firmed against the euro and yen on Friday ahead of the April U.S. nonfarm payrolls due later in the day that could support the greenback.

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