Oil Rises and Moves to Risk Assets as US Dollar Falls
MELBOURNE: Oil prices rose early in Tuesday, reversing losses overnight, as investors turned to risky assets and out of the safe haven US dollar, which slipped to a longest low. two years.
Brent crude futures rose 27 cents, or 0.6%, to $ 45.55 per barrel at 12:55 a.m. GMT, while US West Texas Intermediate (WTI) crude futures rose. rose 21 cents, or 0.5%, to $ 42.82 a barrel.
Both benchmark…
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