Oil Prices Rise on Weak Dollar
Oil Prices Rise on Weak Dollar
New York - QNA
Oil prices edged up on Monday on weaker dollar caused by the new US administration procedures.
Brent crude futures, the international benchmark for oil prices, were trading at $56.91 per barrel at 0320 GMT, up 10 cents from their last close.
US West Texas Intermediate (WTI) futures were up 8 cents at $53.91 a barrel.
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