STOCKS NEWS US-Crude oil up on weaker dollar, upcoming OPEC meet

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U.S. stock market report [.N] 0725 ET 06March2009-Crude oil up on weaker dollar, upcoming OPEC meet ------------------------------------------------------------------------------

April crude futures edged higher on Friday, following a sharply downward session on Thursday. The oil market was lifted on Friday by a weaker U.S. dollar, and ahead of an OPEC meeting later this month.

For details, see [ID:nSP482596] CLc1

The contract rose 1.6 percent to $4.31 a barrel.

Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net 0719 ET 06March2009-Qwest's Nacchio requests retrial on evidence ------------------------------------------------------------------------------

Joseph Nacchio, the former chief executive of Qwest Communications (Q.N), late Thursday asked for a retrial, citing newly discovered evidence.

Nacchio was convicted on 19 counts of insider trading, and was recently ordered to report to jail on March 23.

In the motion for a retrial, Nacchio's lawyers said new testimony from ex-Chief Financial Officer Robin Szeliga had come to light in a deposition. [ID:nN05362214]