Home » News » Oil rises above $75 as US dollar weakens (AP)

Oil rises above $75 as US dollar weakens (AP)

Guy Maurice, left, managing director and chief executive of Total's Nigerian subsidiary, participates in a Total Oil press conference in Lagos, Nigeria, Tuesday Sept. 21, 2010. Maurice warned Tuesday that a proposal to overhaul Nigeria's oil industry would hobble foreign investment, just as the firm prepares to bring a major offshore field into production. (AP Photo/Sunday Alamba)AP - Oil prices rose above $75 a barrel Wednesday, boosted by a weaker dollar. But gains were limited by a report showing an unexpected rise in U.S. supplies last week, a sign demand for crude may not be improving.


Tags: above, rises, dollar, ap oil, weakens

Related posts:

  1. Oil up near $83 on dollar, mixed US supply report (AP)
  2. Oil to near $81 as traders eye stronger dollar (AP)
  3. Oil falls to near $82 after 2-day rally (AP)
  4. Exorbitant Privilege: The Rise and Fall of the Dollar and the Future of the International Monetary System
  5. Mexico limits dollar transactions to fight cartels (AP)

Want To Provide Some Feedback?