Off the wire
• 1st LD Writethru: ChemChina offers to acquire Syngenta for 43 bln USD  • UN, aid agencies urge to keep checkpoints in eastern Ukraine open  • Obama slams anti-Muslim rhetoric during first visit to U.S. mosque  • 1st LD Writethru: Gold up on weaker U.S. dollar  • Copenhagen Fashion Week kicks off with focus on menswear  • Slovakia to defend ban on water exports at court  • Spanish stock market falls 2.51 pct, closes at 8,314 points  • Parental depression may hurt children's school performance: study  • UK economic growth to remain stable: NIESR  • UN agencies coordinate efforts to address Zika virus  
You are here: 　 Home

Urgent: Crude prices jump as U.S. dollar tumbles

Xinhua, February 4, 2016 Adjust font size:

Oil prices rose Wednesday 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 July delivery moved up 2.4 U.S. dollars to settle at 32.28 dollars a barrel on the New York Mercantile Exchange, while Brent crude for April delivery gained 2.32 dollars to close at 35.04 dollars a barrel. Endit