BLBG: Crude Oil Rises for a Second Day as Dollar Weakens Against Euro
By Ann Koh
March 30 (Bloomberg) -- Crude oil rose for a second day in New York as the dollar weakened, making commodities more attractive as alternative investments.
Oil for May delivery climbed as much as 48 cents, or 0.6 percent, to $82.65 a barrel on the New York Mercantile Exchange, and traded at $82.59 at 2:52 p.m. Singapore time.
To contact the reporter on this story: Ann Koh in Singapore at akoh15@bloomberg.net