Oil prices rise on weaker dollar
Xinhua, February 1, 2017 Adjust font size:
Oil prices rose on Wednesday as weaker U.S. dollar outweighed concerns for global crude glut.
The West Texas Intermediate for March Delivery added 0.18 dollars to settle at 52.81 dollars a barrel on the New York Mercantile Exchange, while Brent crude for March delivery increased 0.47 dollars to close at 55.70 dollars a barrel on the London ICE Futures Exchange. Endit