Oil Posts Biggest Gain in Months on Weak Dollar

Reuters reported that Brent crude oil futures posted their biggest gain since December as the US dollar weakened, drawing investors to commodities.

As quoted in the market news:

U.S. crude oil prices also rose, reaching $94.48 during the session and briefly exceeding the 50-day moving average of$94.44, a technical level closely monitored by chart-watching analysts and traders.

Click here to read the full Reuters report.