(RTTNews) - The price of crude oil was little changed Friday morning amid a mixed U.S. dollar.
Light Sweet Crude Oil (WTI) futures for October delivery, edged down $0.08 to $89.32 a barrel. Yesterday, oil edged back above $89 amid hopes for a solution to Greece debt crisis as the European Central Bank announced it will conduct three new dollar liquidity operations in cooperation with the Federal Reserve, Bank of Japan, and Bank of England.
This morning, the U.S. dollar was hovering near its 7-month high versus the euro and 8-month high against sterling. The greenback was ticking higher against the Swiss franc , while trading flat versus the yen.
In economic news from the euro zone, trade surplus increased to EUR 4.3 billion in July from EUR 0.1 billion in June, data from Eurostat showed. The consensus forecast called for a surplus of EUR 2 billion.
In economic news from the U.S., the preliminary report of the Reuters/University of Michigan's consumer sentiment survey for September is due out at 9.55 a.m. ET. The consumer sentiment index is expected to edge up to 56 from August's 55.7.
