Crude continue to rise on back of falling dollar

Oil continued its rise on the back of a falling dollar and reports that Saudi Arabia has cut production this month. The drop in Libyan crude output had pushed the biggest oil producer to produce 9 million barrels per day to offset the shortfall.

April 15, 2011 / 08:59 IST

Oil continued its rise on the back of a falling dollar and reports that Saudi Arabia has cut production this month. The drop in Libyan crude output had pushed the biggest oil producer to produce 9 million barrels per day to offset the shortfall.

first published: Apr 15, 2011 07:49 am

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