Crude oil prices diverged on Friday, but remain under pressure as the dollar lost some ground against other major currencies. With several Asian markets closed for a holiday on Friday, trading resumed in the European session close to levels from Thursday’s close. For now, investors have set aside concerns about the Greek debt crisis and the possibility of more crude oil coming from Iran , and turned their attention to the U.S. dollar. The euro was marginally higher against the dollar at $1.089 by midmorning Friday. The British pound hit a fresh seven-year high against the euro after Bank of England Governor Mark Carney on Thursday suggested a rate hike may come sooner than markets expect. The Wall Street Journal’s dollar index was down 0.1% on Friday. A weaker dollar makes it cheaper for overseas buyers to purchase dollar-denominated oil. “The weak euro/dollar worked against crude oil yesterday and […]