WSJ: OIL FUTURES: Crude Falls Nearly $2 On Dollar Strength
LONDON (Dow Jones)--Crude-oil futures fell nearly $2 Tuesday, pressured by a strong dollar and profit-taking from Monday's surge to two-month highs.
"The market is a bit tired, and with the dollar showing...strength, the short-term longs have been taking a bit of profit," said Andy Riddell, head of retail derivatives at London Capital Group.
At 1139 GMT, the front-month April Brent contract on London's ICE futures exchange was down $1.68 at $78.78 a barrel.
The front-month April contract on the New York ...