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|NEW YORK Authentic Oscar Lindberg Jersey , March 20 (Xinhua) -- Oil prices rallied Friday as U.S. dollar depreciated against other currencies. A weaker greenback made the dollar-priced crude less expensive and more attractive for buyers holding other currencies.
The U.S. dollar declined against other major currencies on Friday as investors were still digesting a dovish Federal Reserve statement released earlier this week.
The number of U.S. rigs actively drilling for oil and natural gas as of March 20 fell 56 rigs to 1,069, reported oil service company Baker Hughes Friday. These data supported crude prices as analysts believed that low crude prices forced U.S. shale oil producers to slow down the output.
U.S. crude production reached 9.419 million barrels a day last week, the highest level since 1983, according to the Energy Information Administration (EIA) Authentic Cody Eakin Jersey , the Energy Department's statistical arm.
U.S. crude stockpiles increased 9.6 million barrels to 458.5 million, 82.7 million barrels more than a year earlier. Meanwhile, inventories at Cushing, Oklahoma, the delivery point for the contract Authentic Reilly Smith Jersey , gained 2.9 million barrels to 54.4 million barrels.
Light, sweet crude for April delivery gained 1.76 U.S. dollars to settle at 45.72 dollars a barrel on the New York Mercantile Exchange, while Brent crude for May delivery moved up 0.89 dollars to close at 55.32 dollars a barrel.
NEW DELHI, June 11 (Xinhua) -- At least nine people were killed and 12 others injured after a private passenger bus overturned in the western Indian state of Maharashtra, a police official said.
"The bus was travelling from state capital Mumbai to Latur district when the accident occurred near Dhanora village in Beed district around 5.30 a.m. (local time) Authentic Brendan Leipsic Jersey ," Mahesh Tak, assistant police inspector of Ambhora Police Station, told the media.
"Survivors told us that was bus was travelling at high speed and it turned turtle after the driver lost control of the vehicle," he added.
While nine people were killed on the spot, those injured have been admitted to Ahmednagar District Civil Hospital Authentic Colin Miller Jersey , where the condition of few are said to be serious.
"The death toll may go up later in the day," the official said.
Local TV channels reported that the bus was carrying some 50 passengers, apart from the driver and his assistant, at the time of the accident and showed footage of the vehicle lying upside down on the road as police officials trying to bring out trapped passengers.
"A probe has been ordered into the incident. The driver has anyway been booked for rash and negligent driving," another police official said.
India has the highest number of road fatalities in the world Authentic Deryk Engelland Jersey , with more than 400 people getting killed in accidents every day, according to official statistics. Road accidents often occur due to poor driving or badly maintained roads and vehicles.
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