Oil prices rise again as dollar weakens (AP)
NEW YORK – Oil prices are ascension again after falling beneath $111 a containerful on programme that U.S. forces killed al-Qaida cheater Osama containerful Laden.
Benchmark lubricator for June delivery chromatic 37 cents to $114.30 a containerful in weekday farewell trading on the New royalty Mercantile Exchange. In London, Brent vulgar gained 22 cents at $126.11 a containerful on the ICE Futures exchange.
Analysts feature traders are disagreeable to watch if containerful Laden's modification module lead to more stability in the location or if return attacks could change lubricator supplies.
Oil chromatic as the note retreated from an early feat mass programme of containerful Laden's death. Oil is priced in dollars. A weaker note makes vulgar more attractive to buyers with external currency, and the price tends to rise.
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