May 12, 2025 4:40 a.m.

Oil climbed higher on weaker US dollar

Oil climbed higher on weaker US dollar

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International benchmarks for crude oil climbed higher on Monday, 19 April 2021 supported by the weaker US dollar but investors remain cautious amid the rising number of COVID-19 cases in India that could affect demand.

Brent settled up 28 cents, or 0.42% to $67.05/barrel.

WTI gained 25 cents, or 0.39% to $63.38/barrel.