Oil down

Singapore : Oil prices fell on Thursday, pulled down as a firmer dollar outweighed a report of a decrease in U.S. crude inventories.

U.S. West Texas Intermediate (WTI) crude futures were at $61.15 a barrel at 0640 GMT, down 53 cents, or 0.9 percent, from their last settlement.

Brent crude futures fell 42 cents, or 0.6 percent, from their last close to $65 per barrel.

The dollar rose to a one-week high against a basket of major currencies on Thursday, after minutes of the Federal Reserve´s January meeting showed policymakers were more confident of the need to keep raising interest rates.

"The firming dollar continues to thwart investor sentiment despite the bullish inventory data," said Stephen Innes, head of trading for Asia-Pacific at futures brokerage OANDA.