Crude oil price moved above $102 per barrel as the dollar fell to an all-time low against the euro, according to a report on the website of Bloomberg.
Crude oil for April delivery rose as much as $1.20 (1.2%) to $102.08 per barrel in electronic trading on the New York Mercantile Exchange. The contract was traded at $101.90 in early trades in London.
The dollar weakened to 1.5055 per euro - the lowest since the European single currency was introduced in 1999.
Brent crude for April settlement climbed as much as $1.06 (1.1%) to $100.53 per barrel on London's ICE Futures Europe exchange - the highest since trading began in 1988, the report added.
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