Oil prices rise benefiting from the dollar's decline
Agencies - Oil prices rose in Asian trading on Thursday, benefiting from a weaker dollar, which climbed above the lowest level in three weeks, according to "Reuters" reported.
Oil prices had fallen in recent weeks, after Sirte fears of a great abundance in the world's oil supply, following the increase in US inventories.
By at 06:44 GMT, Brent crude rose in futures for December delivery, with 34 cents, to 48.19 Dularellbrmel.
In contrast, the global Brent crude fell B86 cents at the close of trading Wednesday, after reaching to $ 47.50 a barrel, the lowest level since early October current.
And stepped up US crude in December 32 cents to $ 45.52 a barrel, after falling 1.09 dollars or 2.4 percent at the settlement in the previous session.
Analysts say that the support he received from the raw dollar, will not mean the end of the pace of the decline in oil prices.
He explained senior analyst at "CMC Markets" in Sydney, Rick Spooner, it is still early to talk about a real recovery, saying that he is expected to exceed US crude to $ 46 a barrel in order to assert the end of the downward tr
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