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Crude falls on better USD, higher supplies

24 March, 2014

US crude oil prices were hurt by the improving dollar and a better supply scenario over the past few days. Domestic crude production climbed 33,000 barrels per day to 8.22 mln bpd, the highest since 1988, further pulling down oil prices.
Similarly, natural gas prices also showed a declining trend as the onset of spring has always been a lean season for natural gas demand.
More details about oil and gas prices are available at:
http://wallstanalyst.com/blog/entry/wti-crude-trims-weekly-gains-natural-gas-extends-slide