Oil Rises $2 as Dollar Eases, Market Wary of Fed
Oil prices rises to about $2 on Monday, bolstered by supply fears, a dip in the U.S. dollar, and early strength in equity markets, but prices seesawed as some worried fuel demand could weaken if the Federal Reserve raises U.S. interest rates too aggressively. Brent crude futures for September settled up $1.95, or 1.9%, at […]