Oil Prices Post Gains on Large Diesel Draw, Weakening Dollar

摘要

Oil prices made strong gains Wednes-day, responding to a big drop in US stocksof ultra low sulfur diesel, as well as afalling dollar which boosted the entirecommodities sector.Nymex July crude futures rose $1.73 tosettle at $101.32 per barrel while in Londonon ICE Futures, July Brent ended up $2.40at $114.93. Nymex June heating oil settledat $2.9803 per gallon, up 7.06c.