11-01-2017 20:20 via uk.news.yahoo.com

Oil rises by most in over a month on weak dollar after Trump conference

By Scott DiSavino NEW YORK (Reuters) - Oil prices rose on Wednesday by the most in over a month, boosted as the U.S. dollar weakened following a news conference by U.S. President-elect Donald Trump, and on news that Saudi Arabia had cut exports to Asia. The U.S. dollar collapsed during Trump's remarks, which disappointed investors who had sent the currency to its highest level in a week ahead of this news conference.
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