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    Crude Oil Takes Direction From US Dollar Moves
    Description
    A weaker US dollar has lifted Nymex crude back into positive territory but the contract continues to trade below $80 a barrel. Oil becomes more attractive for investors when the dollar weakens because the dollar-denominated commodity becomes cheaper for holders of other currencies.
    A weaker US dollar has lifted Nymex crude back into positive territory but the contract continues to... More
    Channel:Grab Networks on AOL
    Distributor:Wall Street Journal, Wall Stre...
    Wall Street Journal
    Tags:Oil and Gas, Analyst ResearchR...More
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