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U.S. crude rises $1, weak dollar weighs

A tourist uses his binoculars at Bagdad beach, some 38 km (23.6 miles) from the border city of Matamoros, prior to predicted arrival of Tropical storm Dolly July 21, 2008. REUTERS/Tomas Bravo

A tourist uses his binoculars at Bagdad beach, some 38 km (23.6 miles) from the border city of Matamoros, prior to predicted arrival of Tropical storm Dolly July 21, 2008.

Credit: Reuters/Tomas Bravo

LONDON | Tue Jul 22, 2008 5:57am EDT

LONDON (Reuters) - U.S. crude rose more than $1 on Tuesday, supported by a weak dollar and fears of risk to supplies from Tropical storm Dolly even though it looked set to miss major U.S. production facilities.

U.S. crude was 76 cents up at $131.80 a barrel by 0827 GMT (4:27 a.m. EDT), off highs of $132.07.
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