Futures Movers: Oil prices slide as Fed’s shift in tone lifts U.S. dollar

Oil futures drop Thursday, with the U.S. benchmark pulling back from its highest close in more than 2 1/2 years as the dollar strengthened in the wake of a hawkish shift in tone by the Federal Reserve.

Oil futures drop Thursday, with the U.S. benchmark pulling back from its highest close in more than 2 1/2 years as the dollar strengthened in the wake of a hawkish shift in tone by the Federal Reserve.