Crude Oil Futures rise on Weakening Dollar
06.08.2009
Crude futures inched higher Wednesday, as a weakening dollar offset a bigger-than-expected rise in US oil inventories.
Light, sweet crude for September delivery settled up 55 cents, or 0.8%, at $71.97 a barrel on the New York Mercantile Exchange. Brent crude on the ICE futures exchange settled $1.23, or 1.7% higher,...