Reuters | Oil climbs after big losses on Wednesday; glut fears linger Reuters Oil was also helped higher on Thursday as the dollar weakened on the pound's rally after the Bank of England's surprise decision not to cut rates. A weaker dollar tends to make greenback-denominated oil more attractive to holders of other currencies ... Oil climbs after big losses; glut fears linger Oil Rises From Two-Month Low as Equities Gain, Dollar Slips Can OPEC Supply The Tighter Oil Market It Predicts? |