Reuters UK | Oil rises towards $66 as weaker dollar offsets oversupply concern Reuters UK Dollar-traded commodities such as oil benefit from a weaker U.S. unit as it makes them cheaper for holders of other currencies. "We had a strong recovery of the U.S. dollar in the last few trading sessions but we saw a reverse this morning," said Myrto ... Get ready for another oil price dip: Goldman Sachs Oil holds under $60 as traders weigh China demand UPDATE 7-Oil slips lower amid debate on US shale oil recovery |