Oil rises on weaker dollar, but virus woes and U.S.-China tensions weigh
The dollar slid to 22-month lows against a basket of currencies .DXY. A weaker dollar usually spurs buying of commodities priced in the greenback, like oil, because they become cheaper for holders of other currencies. Brent crude LCOc1 rose 15 cents, or 0.4%, to $43.46 a barrel by 0137 GMT, and U.S. West Texas Intermediate … Read more