Reuters | Oil stable as stronger dollar weighs while China's relentless oil thirst supports prices Reuters A strong dollar is also seen by many as a brake on crude prices, as it makes dollar-denominated oil purchases more expensive in countries that use other currencies. “A strong U.S. dollar could act as a headwind to commodities,” Bank of America Merrill ... Crude Oil Inches Back Up Amid Dearth of Negative Data Points Oil rises on threatened Nigeria strike, short covering Is the rise in crude oil prices here to stay? |