Oil prices advanced on Monday.
The West Texas Intermediate for February delivery increased by 1.34 U.S. dollars, or 2.36 percent, to settle at 58.08 dollars a barrel on the New York Mercantile Exchange. Brent crude for February delivery went up 1.3 dollars, or 2.14 percent, to settle at 61.94 dollars a barrel on the London ICE Futures Exchange.
Crude futures settle higher
The U.S. dollar closed almost flat in late trading on Monday.
The dollar index, which measures the greenback against six major peers, went up 0.01 percent to 98.035 at 3 p.m. (2000 GMT).
In late New York trading, the euro was down to 1.1767 dollars from 1.1777 dollars in the previous session, and the British pound added to 1.3507 dollars from 1.35 dollars in the previous session.
The U.S. dollar bought 156.03 Japanese yen, lower than 156.50 Japanese yen in the previous session. The U.S. dollar advanced to 0.7896 Swiss francs from 0.7891 Swiss francs, and it increased to 1.3684 Canadian dollars from 1.3672 Canadian dollars. The U.S. dollar rose to 9.1802 Swedish kronor from 9.16 Swedish kronor.
U.S. dollar closes flat