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RTE: Weaker dollar helps oil prices higher
 
World oil prices pulled back from six-week lows today, helped by a weaker US currency, which makes oil cheaper for holders of other currencies.

By lunchtime, US crude had gained 25 cents to reach $74.07 a barrel, while Brent North Sea crude rose 34 cents to $74.60.

Crude futures had fallen on Friday for a third straight session amid worries that weakening growth in the US could curtail energy demand.

Prices could meanwhile head downward once again as oil installations in the Gulf of Mexico have so far avoided disruption amid the onset of the hurricane season.

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