Dollar dip boosts ANS

Greenback action and gasoline inventory drawdown overcome economy fears

Steve Sutherlin

for Petroleum News

Alaska North Slope crude hastened its recovery as weakness in the U.S. dollar supported oil prices by making the dollar-denominated commodity more affordable for buyers using other currencies. ANS leapt $1.29 March 12 to close at $73.52 per barrel, while West Texas Intermediate vaulted $1.43 to clos....

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