Oil prices up on weak dollar, hopes of Greek deal

jeudi 18 juin 2015

An oil refinery is seen with the Rocky Mountains freshly covered with snow in the background in DenverOil prices rose on Thursday as a weaker dollar made fuel cheaper for holders of other currencies, and on hopes of a last-minute breakthrough that could keep Greece in the euro zone and help avoid a shock to European economic growth. The dollar fell 0.5 percent to a one-month low against a basket of currencies after the Federal Reserve disappointed investors who had hoped for a clearer signal on when the U.S. central bank will lift interest rates. European finance ministers meet in Luxembourg on Thursday for what could be the last best chance of a political rescue for Greece after other negotiations collapsed.




Oil prices up on weak dollar, hopes of Greek deal source: http://finance.yahoo.com/news/oil-prices-dip-u-gasoline-032625014.html

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