CNBC | Oil falls under $62 on dollar, supply concerns CNBC Oil dropped more than 1 percent on Monday, with Brent slipping under $62 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 more than 1 percent on dollar, supply concerns Where Is Oil Heading From Here? Oil Prices Slide After Solid February |