Crude Oil Advances From 11-Week Low as Dollar Declines Against Euro

Crude oil rose from an 11-week low after the dollar slipped against the euro for the first time in six days, bolstering the appeal of commodities to investors.

Oil climbed 1.2 percent as the greenback declined on a report showing that sales of U.S. new homes dropped in July to the lowest level on record. ... Read full article