CNBC | Oil falls under $61 on dollar, supply concerns CNBC Oil dropped more than 2 percent on Monday, with Brent slipping under $61 a barrel, depressed by a stronger dollar and a rise in Libyan crude output. The dollar hit an 11-year high against a basket of currencies after a rate cut in China dented the ... Oil falls to $61 on dollar, Iran, supply concerns Barclays: Oil Prices Have to Move Lower to Impact Supply Oil drops after posting strong February gains |