Oil prices just under five-month highs, supported by weaker dollar - Reuters

Oil prices just under five-month highs, supported by weaker dollar - Reuters:

Oil prices slipped just below five-month highs on Thursday, with support from a weak dollar .DXY and falling U.S. crude inventories undermined by bearish sentiment about fuel demand.

Brent crude LCOc1 fell 7 cents to $45.10 a barrel by 0802 GMT, while U.S. crude CLc1 was down 25 cents at $41.94.

The two benchmarks rose to their highest since March 6, completing a four-day rally, after the Energy Information Administration reported a much bigger than expected drop in U.S. crude stockpiles.

The dollar index, which measures the greenback against a basket of six major currencies .DXY, logged its biggest monthly percentage fall in a decade in July and a Reuters poll found analysts expected it to continue falling into next year.