Weak US dollar forces crude prices up

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Oil
Oil

OilOil prices increased Monday as the U.S. dollar eased against a basket of its peers, making the greenback-priced crude less expensive and more attractive for buyers holding other currencies.
Light, sweet crude for May delivery gained 88 cents to settle at 47.45 U.S. dollars a barrel on the New York Mercantile Exchange. Enditem

Source: Xinhua

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