NYMEX crude drops to 85.27/b, ignoring support factor from weaker US dollar

摘要

New York-December crude futures on the New York Mercantile Exchange settled 75 cents lower at 85.27/barrel October 23 amid a weaker US dollar.The US Dollar Index on ICE Futures was down nearly 50 points to 77.57 at the close of open outcry, which should have supported oil values, but did not.