20-10-2016 21:52 via uk.news.yahoo.com

Oil down 2 percent, strong dollar knocks U.S. crude off 15-month highs

By Ethan Lou NEW YORK (Reuters) - Oil prices settled down more than 2 percent on Thursday, as a resurgent dollar encouraged players to take profit on the previous day's rally that sent U.S. crude to 15-month highs. The dollar hit seven-month highs against a basket of currencies and a three-month peak versus the euro after the European Central Bank kept interest rates unchanged and U.S. data showed home resales surged in September. Benchmark Brent crude for December delivery settled down $1.29, o
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