date:Apr 29, 2016
e industry chews over last weeks rally.
Oil up, dollar down
Outside markets were, on the face of it, supportive.
Brent crude oil futures were up 3.2% at a fresh five-month high of $47.19 a barrel in afternoon deals.
And the dollar was down for most of the day, although it did briefly spike higher as the markets digested the latest policy statement from the US Federal Reserve.
The statement, released late in the session, gave little clear direction to the markets, leaving the door at least theore