Oil Prices Rise on Weak Dollar

New York, Oil prices edged up on Monday on weaker dollar caused by the new US administration procedures. Brent crude futures, the international benchmark for oil prices, were trading at $56.91 per barrel at 0320 GMT, up 10 cents from their last close. …

New York, Oil prices edged up on Monday on weaker dollar caused by the new US administration procedures.

Brent crude futures, the international benchmark for oil prices, were trading at $56.91 per barrel at 0320 GMT, up 10 cents from their last close.

US West Texas Intermediate (WTI) futures were up 8 cents at $53.91 a barrel.

Source: Qatar News Agency