Crude continued to fuel prices, today, a big increase after a significant decline in the previous session, with the support of the weak dollar amid expectations of lower US crude oil inventories, the fourth consecutive week.
And Brent crude rose in July contracts for 64 cents to $ 64.36 a barrel, while US crude rose 68 cents to $ 58.71 a barrel.
The dollar was trading down 0.33 percent against a basket of currencies in the wake of Tuesday's rally.
The weak dollar increases the appeal of commodities denominated in US currency, such as oil for holders of other currencies.
It showed a preliminary Reuters survey that is likely to be the US oil inventories have fallen two million barrels last week.
And indicates the decline of US inventories of crude and petroleum products in the past few weeks to demand strength in the largest oil consumer in the world, it enhances crude prices.
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