Oil prices fell in early Asian trading, on Wednesday, affected by the rise in the dollar, which contributed to curbing investor appetite, especially after the two benchmark crude rose to their highest levels in several months during the past two sessions.
Brent crude futures for May delivery fell 19 cents, or 0.2 percent, to $87.19 a barrel. U.S. West Texas Intermediate crude futures for April delivery, which expire at Wednesday's settlement, fell 35 cents, or 0.4 percent, to$83.12 a barrel.
The dollar rose for a fifth consecutive session after data indicating the resilience of the U.S. economy weighed on sentiment among Asian buyers.
Source (Al-Arabiya.net Website, Edited)
