NEW YORK, Sept 22 (Reuters) - U.S. crude oil futures prices rose more than $1 on Wednesday as the dollar's broad weakness helped push prices to the $76 a barrel level.
The dollar index hit a six-month trough after the Federal Reserve on Tuesday raised expectations of more monetary easing. [USD/] The euro EUR= traded at a five-month high above $1.3400 as investors sold the greenback and piled into the single currency.
The weak dollar helped offset concerns about oil demand, if economic recovery continues to be slow, and also about high U.S. oil inventories ahead of the U.S. Energy Information Administration's oil inventory report later on Wednesday.
On the New York Mercantile Exchange, November crude CLX0 rose 84 cents, or 1.12 percent, to $75.81 a barrel at 9:10 a.m. EDT (1310 GMT), trading from $74.65 to $76.00. (Reporting by Robert Gibbons)
