Oil prices slid Friday as the dollar strengthened and the closely watched U.S. oil-rig data showed another slight decline . Light, sweet crude for July delivery recently fell $1.07, or 1.7%, to $59.65 a barrel on the New York Mercantile Exchange. Brent, the global benchmark, fell $1.17, or 1.8%, to $65.37 a barrel on ICE Futures Europe. Moves in the oil price have closely tracked the dollar in recent weeks, with some analysts attributing nearly all of a recent rally in oil prices to a weakening in the dollar. The global crude market remains oversupplied, and some analysts warn that the rally was unsustainable and oil prices are likely to slump from current levels later this year. The dollar rose Friday after the Labor Department said that U.S. consumer prices rose for the third straight month in April. The WSJ Dollar Index, which tracks the greenback against other […]