MW: Oil futures fall, as U.S. dollar rises vs. rivals
Oil futures traded lower early Monday, coming under pressure as the U.S. dollar rallied against other major currencies. Dollar strength typically weighs on dollar-denominated commodities such as oil and gold, because it makes them more expensive for holders of other currencies. Crude oil for February delivery fell 56 cents to $45.78 a barrel in electronic trading on Globex.
