A string of economic data released in China could save their manufacturing sector.
The US currency saw an abrupt burst of energy on Wednesday.
Iranian Oil Minister Bijan Zanganeh said he won’t attend the Doha meeting on April 17.
The USD bulls continue to dump their wagers.
Iraq’s crude output hit new record ahead of the Doha meeting on April 17.
Next week, traders will focus on important economic updates from China.
The trade balance report was released on Friday and has no significant impact on common currency
Crude prices started this Friday session on a bidding note
FOMC minutes confirmed investors’ concerns.
A sudden decline in crude reserves in the US raised Oil prices during the Asian session.
The US Dollar drops to 17-month low against the Japanese Yen.
Brent futures were sent into a sharp slump.
Read what events are worth looking for next week.
The US Labor department reported on Friday that the labour market gained additional 215K non-farm jobs in March.
A statement of the Saudi Arabia Prince Mohammed Al-Saud baffled the Oil market.