153
views
Oil price recovers as dollar weakens against euro
Oil prices steadied above 48 dollars a barrel on Tuesday, recovering from earlier losses as the dollar weakened against the euro.
Brent crude oil futures rose 22 cents to 48.38 dollars a barrel.
U.S. West Texas Intermediate (WTI) crude futures rose 10 cents to 45.25 dollars a barrel.
The euro rose for a second day against the dollar after an 11-year low on Monday.
Prices were also supported after the Secretary-General of the Organization of the Petroleum Exporting Countries, Abdullah al-Badri, said ...
Read the rest of the story on Tribune News
Added January 28, 2015
from Tribune News
