Weaker U.s. Dollar Sends Oil Prices Up To Near $100 Per Barrel

SINGAPORE -- Oil prices rose to near $100 a barrel Monday in Asia, bouncing back from last week's plunge, as a weaker U.S. dollar made commodities less expensive for investors with other currencies.Benchmark crude for June delivery was up $2.36 to $99.54 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange.

Topics:  asia   u.s    june   singapore   new york mercantile   exchange   gas    oil   singapore    oil   barrel   oil prices   
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