The falling dollar raises oil to $ 50

History of edits:: 2016/6/6 9:37 121 visits readable

{International: Euphrates News} Brent crude prices rose to $ 50 a barrel on Monday, after being boosted by a drop in the US dollar may lead to stimulate demand.

The price of futures contracts for Brent International to $ 50.03 a barrel at 01:39 GMT Greenwich {}, up 39 cents, or 0.8 percent from the last adjustment for him.

The price of futures contracts for West Texas Intermediate crude 49 cents or one percent to $ 49.11 a barrel.

Traders said rising oil prices was the result of a sharp fall in the dollar last Friday, when the US currency fell 1.5 percent against a basket of other major currencies during trading today.

The decline is after the publication of weak on US jobs data, led to raise concerns about the world's largest economy mode, but seen as a falling dollar that supports the increasing demand in the rest of the world, because it makes oil imports are dealt them a cheaper dollar.

Traders said repeated attacks on oil infrastructure in Nigeria also supported oil prices, these attacks have already led to a decline in the production of Nigeria to the lowest level in more than 20 Aama.anthy