Oil Rises 2 Percent on Weaker Dollar
Investing News Network - February 7th, 2012
Bloomberg reported that oil inched up 2 percent after dollar value fell.
Bloomberg reported that oil inched up 2 percent after dollar value fell.
As quoted in the market news:
Oil for March delivery rose $1.92, or 2 percent, to $98.83 a barrel at 2:16 p.m. on the New York Mercantile Exchange after falling to $95.84. Prices erased their 2012 decline.