Oil down as dollar rallies, rise in U.S. rig count seen
By Barani Krishnan NEW YORK (Reuters) - Crude oil prices fell on Friday as a stronger dollar weighed on the market and as traders awaited an industry report that would determine if U.S. oil drillers were ramping up activity with prices holding above $50 a barrel. U.S. West Texas Intermediate (WTI) crude shed 34 cents to $50.14, after peaking at $51.14 earlier. The U.S. benchmark saw better support than Brent due to an extended outage on a pipeline capable of delivering 450,000 barrels per day of
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