Oil prices edges higher on weak dollar

0 177

On Monday, Oil prices edged higher helped by a weak dollar and expected U.S. stimulus measures but gains were capped by rising global coronavirus cases and tensions between the United States and China.

Brent crude LCOc1 rose 32 cents, or 0.7%, to $43.66 a barrel by 1205 GMT, while U.S. West Texas Intermediate (WTI) crude CLc1 was up to $41.62 a barrel or 33 cents.

You might also like