Oil raises towards $69 a barrel

Posted on | September 15, 2009 |

Oil rose towards $69 a barrel today, lifted by a weaker dollar. US crude for October delivery rose six cents to $68.92 a barrel this morning, off an intra-day high of $69.23, while Brent lost 34 cents to $67.10.

Analysts said that crude oil was generally taking its cue from the dollar and equities.