London Brent crude also enjoyed a spurt, adding $3.21 to $95.49.
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Oil Prices Surged on Weak Dollar
Oil prices soared on Tuesday as the weak dollar hit a record
Oil prices soared on Tuesday as the weak dollar hit a record low against the euro - tempting more investors towards commodities as an alternative.
US light, sweet crude touched a record-equalling $98.68 a barrel before settling up $3.39 at $98.03 a barrel.
London Brent crude also enjoyed a spurt, adding $3.21 to $95.49.
London Brent crude also enjoyed a spurt, adding $3.21 to $95.49.
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