Oil prices buoyed by weaker U.S. dollar, rise in gasoline demand

Oil futures rose Wednesday, finding support from a weaker U.S. dollar and data from the Energy Information Administration showing a notable weekly rise in gasoline demand and a nearly 6-million-barrel drop in supplies of the motor fuel.

Mar 12, 2025 - 16:29
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Oil prices buoyed by weaker U.S. dollar, rise in gasoline demand
Oil futures rose Wednesday, finding support from a weaker U.S. dollar and data from the Energy Information Administration showing a notable weekly rise in gasoline demand and a nearly 6-million-barrel drop in supplies of the motor fuel.