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Oil prices climbed on Tuesday.
The West Texas Intermediate for February delivery added 37 cents, or 0.64 percent, to settle at 58.38 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for February delivery gained 31 cents, or 0.5 percent, to settle at 62.38 dollars a barrel on the London ICE Futures Exchange.
Crude futures settle higher
The U.S. dollar softened in late trading on Tuesday.
The dollar index, which measures the greenback against six major peers, dropped 0.35 percent to 97.942 at 15:00 (2000 GMT).
In late New York trading, the euro advanced to 1.1790 dollars from 1.1755 dollars in the previous session, and the British pound added to 1.3497 dollars from 1.3458 dollars in the previous session.
The U.S. dollar bought 156.20 Japanese yen, lower than 156.92 Japanese yen in the previous session. The U.S. dollar decreased to 0.7877 Swiss francs from 0.7918 Swiss francs, and it fell to 1.3694 Canadian dollars from 1.3747 Canadian dollars. The U.S. dollar dropped to 9.1684 Swedish kronor from 9.2396 Swedish kronor.
U.S. dollar ticks down
U.S. dollar ticks down
