Oil prices rise 1% as mood on dollar sours
By Sonali Paul and Seng Li Peng
MELBOURNE / SINGAPORE: Oil prices gained on Tuesday, reversing overnight losses, as investors moved into risk assets and stayed away from the safe-haven US dollar which hit multi-year lows.
Brent crude futures climbed 47 cents, or 1 per cent, to $ 45.75 a barrel at 0635 GMT. US West Texas Intermediate (WTI) crude futures rose 43 cents, or 1 per cent, to $ 43.04…
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