Oil futures settled higher Tuesday, buoyed by weakness in the dollar, as traders weighed the prospects for a decline in crude production. The market also awaited weekly U.S. government data on U.S. crude supplies due Wednesday. June West Texas Intermediate crude rose $1.40, or 3.3%, to settle at $44.04 a barrel on the New York Mercantile Exchange. That was the highest settlement of the year for a front-month contract, but the June contract itself has finished higher, at $44.18 on April 20.
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