High oil prices boosted by the weak dollar

Oil prices rose during morning trade Wednesday with support from a weaker dollar, while prices are still less than $ 40 a barrel.
It was trading WTI B39.63 dollars a barrel, by 0:27 pm GMT, up 12 cents.
Crude has fallen in the previous session below $ 40 for the first time since April, as the price of futures contracts for Brent crude rose 5 cents, reaching 41.85 dollars a barrel.
The US bank said the global economic outlook is also weak, which may affect market supply and demand, adding: "We expect global economic growth to overcome these expectations."