Urgent: Crude prices jump on weakening U.S. dollar
Xinhua, March 21, 2015 Adjust font size:
Oil prices rallied Friday as U.S. dollar depreciated against other currencies. A weaker greenback made the dollar-priced crude less expensive and more attractive for buyers holding other currencies.
Light, sweet crude for April delivery moved up 1.76 U.S. dollars to settle at 45.72 dollars a barrel on the New York Mercantile Exchange. Endite