Oil futures close higher on weaker US dollar

摘要

New York—Oil futures were unsteady Thursday, rising sharply one day after crashing, as a weaker US dollar supported crude prices. ICE March Brent ended $2.41 higher at $56.57/b. NYMEX March crude closed up $2.03 at $50.48/b. NYMEX March ULSD settled 3.93 cents firmer at $1.8059/gal. NYMEX March RBOB closed up 4.31 cents at $1.5248/gal. The oil complex’s upturn resumed Thursday after a four-day rally was interrupted Wednesday when prices fell the most since late November. Crude futures have settled in positive territory five of the last six sessions.