Oil Prices Surged $1.72 on Due to a Weaker Dollar

Bloomberg reported that oil prices surged $1.72 on due to a weaker dollar as the U.S. Federal Reserve have decided to keep interest rates low.

As quoted in the market news:

U.S. crude futures were $1.72 firmer $101.12, rising for a second day.

Click here to read the full Bloomberg report.