Agence France-PresseJune 7, 2013 03:21
Oil prices rose on Asian trade on Friday as dealers made the most of a weakening dollar as they keep an eye on the release of crucial US jobs data later in the day, analysts said.
New York's main contract, West Texas Intermediate crude for delivery in July, gained 15 cents to $94.91 a barrel in the afternoon and Brent North Sea crude for July added 18 cents to $103.79.
"The decline in the US dollar is giving support to oil prices," Ric Spooner, chief market analyst at CMC Markets in Sydney, told AFP.
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