NEW YORK, Sept. 22 (UPI) -- Crude oil prices headed higher Wednesday in New York, breaking back above $74 per barrel as the U.S. dollar continued to weaken.
The dollar index dropped 1.16 percent Tuesday and was recently down 0.8 percent. The dollar index, which measures the dollar against six major currencies, has been in decline since early June, when the index measured its high for the year at 88.575. On Tuesday, the index, which found a brief respite in late August, fell to 79.719.