Oil prices rise amid dollar weakness


NEW YORK, May 19 (Xinhua) -- Oil prices climbed on Thursday, amid a slide in the U.S. dollar.

The West Texas Intermediate for June delivery added 2.62 U.S. dollars, or 2.4 percent, to settle at 112.21 dollars a barrel on the New York Mercantile Exchange. Brent crude for July delivery increased 2.93 dollars, or 2.7 percent, to close at 112.04 dollars a barrel on the London ICE Futures Exchange.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Macron says US Supreme Court tariff ruling shows it is good to have counterweights to power in democracies
Analysis-Trump pushes US toward war with Iran as advisers urge focus on economy
Trump meets Vietnam leader, vows to remove Hanoi from restricted lists
Analysis-Supreme Court checks Trump's expansive view of executive power
Trump furious after Supreme Court upends his global tariffs, imposes new 10% levy
US says it struck vessel in the eastern Pacific, killing three men
1st LD: Trump says he will sign order imposing 10 pct global tariff
Tajikistan's population reaches 10.72 million
Switzerland takes men's curling bronze, Sweden, Switzerland set up women's final at Milan-Cortina
Coventry hails Milan-Cortina Games as 'truly successful'

Others Also Read