CRUDE OIL PRICES RISE ON WEAKER DOLLAR

[forextips]

Oil prices rose on Monday, with traders shifting money into crude futures as the dollar weakened, and on concerns that new U.S. 
sanctions against Iran could be extended to affect crude supplies.

But markets were held back by more signs of growing U.S. production and by worries that import demand in China could slow.

International Brent crude futures were trading at $57.01 per barrel at 0620 GMT, up 20 cents from their last close.

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SELL CRUDE OIL 53.80 TARGETS 53.40 52.90 STOPLOSS 54.30