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Oil prices rise on weak dollar

Xinhua, April 13, 2017 Adjust font size:

Oil prices ended higher on Thursday as a weaker greenback spurred market sentiment for the dollar-priced commodity.

The West Texas Intermediate for May Delivery added 0.07 dollars to settle at 53.18 dollars a barrel on the New York Mercantile Exchange, while Brent crude for June delivery gained 0.03 dollars to close at 55.89 dollars a barrel on the London ICE Futures Exchange. Enditem