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Oil rises towards $66 as weaker dollar offsets oversupply concern - Yahoo Finance UK
Financial Times | Oil rises towards $66 as weaker dollar offsets oversupply concern Yahoo Finance 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 ... Saudi Arabia will stick to non-intervention as oil prices rise Oil rises as weaker dollar offsets oversupply concern Latest from Iran |
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