MARKET WATCH: Crude oil falls on US dollar rise, higher rig count

Crude oil for December delivery fell 55¢ on the New York market Oct. 29 to settle just above $67/bbl while Brent crude oil for December fell 28¢ to hold above $77/bbl in London. Analysts attributed the price drops to a strengthening US dollar and a weekly rig count report that showed US oil drillers added active rigs, an indication of future oil production.



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