OIL FUTURES: Crude moves higher amid weaker US dollar, steep equity rally
Crude oil futures settled higher July 19, propelled by sharply higher equity markets and a weaker dollar. NYMEX August WTI settled $1.62 higher at $104.22/b and ICE September Brent climbed $1.08 to $107.35/b. Crude futures, which had been trending lower overnight, moved steadily higher in US trading as the dollar moved lower for a third straight session. The ICE US…