Oil falls as US dollar firms
Oil fell on Tuesday as the US dollar firmed to six-month highs, countering concerns over possible supply disruptions due to the Russia-Georgia clash.
Oil prices drop as US spending cuts loom Updated: 08:57, Saturday March 2, 2013 World oil prices fell on Friday, with New York crude striking a two-month low point, as traders eyed huge US spending cuts due to take effect and weaker Chinese manufacturing data.