WSJ: OIL FUTURES: Nymex Crude Mostly Flat As Dollar Drops
NEW YORK (Dow Jones)--Crude futures ventured slightly higher Monday despite lower equities markets, as the dollar fell slightly against competing currencies.
Light, sweet crude for September delivery recently traded up 25 cents, or 0.3%, at $75.64 a barrel on the New York Mercantile Exchange. Brent crude on the ICE futures exchange traded down 1 cent at $75.10 a barrel.
Oil prices treaded near neutral for the second-straight session, pausing after a drop of more than $5 last week due to a weakening outlook on the global economy.
