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Commodities Are Strong Early on July 25, Weak Dollar Supports

Val Kensington
Commodities Are Strong Early on July 25, Weak Dollar Supports

After closing lower last week, crude oil started this week on a weaker note but moved higher as the week progressed. Crude oil opened higher on Wednesday and was trading with mixed sentiment in the early hours. Crude oil regained strength on Tuesday amid the release of the US weekly inventory report with a bigger-than-expected draw.