Oil prices rally sharply as dollar falls on Fed statement
Brent was up $2 at $55.51 a dollar by 2:27 p.m. EDT, after rallying to $56 earlier.
U.S. crude was up 85 cents at $44.31.
(Reporting By Barani Krishnan; Editing by Chizu Nomiyama)
Brent was up $2 at $55.51 a dollar by 2:27 p.m. EDT, after rallying to $56 earlier.
U.S. crude was up 85 cents at $44.31.
(Reporting By Barani Krishnan; Editing by Chizu Nomiyama)