Oil market conditions NYMEX: reduced crude closed at $ 72.04 a dollar rise.

New York crude oil contract closed market decreased last night (June 12) after walking the next three consecutive days. As a result of the dollar rise versus major currencies.
Crude oil contract market NYMEX (New York Mercantile Exchange) shipped July, down 64 cents closing at $ 72.04 per barrel. After falling in the lowest level reached during the day at $ 70.80 per barrel.
While oil contract in February, closing at $ 1.8375 per gallon decreased 1.59 cents Brent crude oil contract market ICE July, down 87 cents closing at $ 70.92 per barrel.
The dollar rose as high as good 1.4% after minister Gallery Japan Out to confirm that. Japanese government has confidence in U.S. government bonds. Resulted in the need to trade assets with dollars - whether oil or gold is to be sacrificing.
Japanese government believes in the future of U.S. government bonds. This is a signal that Japan U.S. government bond holdings, which were the world's No. 2 will continue to buy U.S. government bonds.
Meanwhile, some investors choose to sell profitable after oil price adjustment of up to $ 73 in trading on Thursday.