SINGAPORE (AP) - Oil prices rose to near $99 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 $1.65 to $98.83 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange. The contract fell $2.62 to settle at $97.18 on Friday.
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