Brent Falls on Firm Dollar, US Oil Posts Small Gain

摘要

Brent crude oil fell on Tuesday as the dollar regained its footing against the euro and fears of global oversupply persisted. US crude posted a small gain, buoyed by strong domestic economic data. The fall in Brent came after the dollar reversed early losses to rise 0.24% against the euro, making dollar - priced commodities such as oil more expensive in the eurozone.