| GEO Business | | Oil falls $1 amid rising dollar, growing caution | Updated at: 0838 PST, Monday, April 20, 2009
PERTH: Oil fell more than $1 towards $49 a barrel on Monday, weighed down by a rising U.S. dollar and growing investor caution on the global economy.
U.S. crude for May delivery fell $1.03 to $49.30 by 0220 GMT. London Brent crude fell 86 cents to $52.49.
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