March 20, 2012 / 12:26 PM / 5 years ago

U.S. crude falls $1 a barrel as supplies weigh

LONDON, March 20 (Reuters) - U.S. crude futures fell more than $1 to touch a low of $107 a barrel on Tuesday as the prospect of increased supplies from Saudi Arabia and a return to pre-war oil exports from Libya weighed on prices.

A stronger dollar also sapped strength from commodities, as the dollar index rose 0.45 percent against a basket of currencies during the session. (Reporting by Jessica Donati; editing by Jason Neely)

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