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Strong greenback, US reserves, stall 5-week oil rally

Monday, March 28, 2016 - 05:50

Opec secretary-general Abdalla el-Badri says that 15 or 16 producer nations would join Doha talks on implementing a proposed output freeze to stabilise plummeting prices.


WORLD oil prices have snapped a five-week run of gains on the back of the strong US dollar and soaring US crude stockpiles that have worsened the global supply glut.

The market began last week on the front foot, extending recent sharp gains on revived optimism that producers

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