NEW YORK, July 30 (UPI) -- Crude oil prices hovered near $90 per barrel Monday, as equities were slightly lower on Wall Street.
A lack of major economic reports held markets steady, but energy prices are finding support from expectations that the European Central Bank is planning to purchasing bonds from struggling eurozone countries, particularly Spain and Italy. This had triggered a sell-off of U.S. dollars at the tail end of the previous week. On Monday, the dollar was mostly higher in Asia, mostly lower in Europe.