Reuters | Oil falls more than 1 percent on strong dollar, supply concerns Reuters "The U.S. dollar strength and euro weakness tend to offset any positive reaction that we're supposed to see in oil prices," said Ric Spooner, chief analyst at CMC Markets in Sydney. Brent crude hit a low of $61.78 a barrel and was at $61.96 by 0301 ET ... Where Is Oil Heading From Here? Here's What Will Send Oil Prices Back Up Again Oil falls on supply concerns; pickup in China manufacturing helps |