29 September 2008 09:19 [Source: ICIS news]
SINGAPORE (ICIS news)--Crude futures fell more than $3/bbl on Monday, as the US dollar strengthened amid expectations Washington’s $700bn rescue plan for the financial sector will win approval from lawmakers.
At 07:57 GMT, November NYMEX light sweet crude futures were trading at $103.65/bbl, down $3.24/bbl on last Friday’s settlement level, having earlier fallen to a low of $103.55/bbl, down $3.34/bbl.
At the same time, November Brent on ?xml:namespace>
The US dollar made substantial gains against the euro on Monday rising above €0.6980.
The dollar was buoyed by news on Sunday that senior
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