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View Full Version : Crude Oil Extends Gains as Rate Cuts May Stimulate Fuel Demand - Bloomberg



NewsWhore
10-30-2008, 12:40 AM
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Crude Oil Extends Gains as Rate Cuts May Stimulate Fuel Demand (http://news.google.com/news/url?sa=T&ct=us/8-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DasVU4tVHA0NU%26refer%3Dhome&cid=1264344124&ei=WzwJSd_rAZ-EyQS2mrzrAQ&usg=AFQjCNFiw_ReuP1NXlIN2TH5eMsp6ht_1A)
Bloomberg - 52 minutes ago
Investors often purchase crude oil and other dollar-priced commodities when the US currency drops because of their use as an inflation hedge. ...


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