BLBG: Oil Rises in New York, Snapping Two Days of Declines as Dollar Weakens
Oil rose in New York, snapping two days of declines. Crude for August delivery gained as much as 31 cents, or 0.4 percent, to $76.25 a barrel on the New York Mercantile Exchange. It was at $76.23 at 2:45 p.m. Singapore time.
To contact the reporter on this story: Christian Schmollinger in Singapore at christian.s@bloomberg.net