05-09-2016 06:42 via uk.news.yahoo.com

Crude edges down on firm dollar, glut worries

By Osamu Tsukimori TOKYO (Reuters) - Crude prices inched down on Monday, paring 3 percent gains in the previous session, as the dollar firmed and traders eyed persistent concerns over a global oil glut despite some signs oil producers may try to tackle weak oil prices. The U.S. dollar held firm as Friday's disappointing U.S. jobs growth figures did little to change investors' perception that the Federal Reserve is likely to raise interest rates in coming months. "Crude is down now because they t
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