Oil prices rise as dollar falls

Oil and Gas Investing

Washingtonpost.com reports that on Thursday, oil prices rose as the dollar lost some ground against the euro and other foreign currencies.

Washingtonpost.com reports that on Thursday, oil prices rose as the dollar lost some ground against the euro and other foreign currencies.

The market news is quoted as saying:

The price of crude oil and retail gasoline tend to move in tandem. Both have been listless for the past week, with oil prices drifting between about $80 and $83 a barrel.

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