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| Version 3 | Version 4 |
|---|---|
| Oil prices gain on weaker dollar | Oil prices gain on weaker dollar |
| (about 5 hours later) | |
| Oil prices recovered on Tuesday after dipping below $100 a barrel, helped by a weaker dollar. | |
| US light sweet crude closed 36 cents higher at $101.22 a barrel after falling as low as $99.40 early on. | US light sweet crude closed 36 cents higher at $101.22 a barrel after falling as low as $99.40 early on. |
| Oil prices were boosted by the weaker dollar, as investors switch money into commodities when the US currency falls. | Oil prices were boosted by the weaker dollar, as investors switch money into commodities when the US currency falls. |
| It is the first rise for crude oil prices in four sessions. Prices have fallen more than $10 a barrel since last week's record. | It is the first rise for crude oil prices in four sessions. Prices have fallen more than $10 a barrel since last week's record. |
| There is concern that the slowing US economy will hit demand for oil. | There is concern that the slowing US economy will hit demand for oil. |
| "There is a realisation in the market that the fundamentals really don't justify prices to be so far above $100," said Gerard Burg, a resource analyst at the National Australia Bank. | "There is a realisation in the market that the fundamentals really don't justify prices to be so far above $100," said Gerard Burg, a resource analyst at the National Australia Bank. |