The Globe and Mail | Oil rebounds on expected US stock draw, weaker dollar The Globe and Mail The dollar was trading down 0.33 per cent against a basket of currencies, following a surge on Tuesday. A weaker U.S. dollar makes dollar-backed commodities such as crude oil more attractive for holders of other currencies. “We are hostages a little ... Oil rebounds 1 percent, US crude stocks in focus MarketsCrude oil knocked by strengthening dollar Oil prices are steady, but the rally might be running out of steam |