PDA

View Full Version : Oil Rises to $50 as OPEC’s El-Badri Says Sizable Cut Is Needed - Bloomberg



NewsWhore
12-15-2008, 11:50 AM
<img alt="" height="1" width="1">
Oil Rises to $50 as OPEC’s El-Badri Says Sizable Cut Is Needed (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601082%26sid%3Da6h7ZKHV1fw0%26refer%3Dcanada&cid=1280625230&ei=2IpGScedCZfcMdXOzYcP&usg=AFQjCNE3B8KBju8RgwyDd7Z383REMALOdA)
Bloomberg - 57 minutes ago
A weaker US currency increases demand for commodities as a hedge and makes raw materials cheaper for buyers with euros, yen or sterling. ...


More... (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601082%26sid%3Da6h7ZKHV1fw0%26refer%3Dcanada&cid=1280625230&ei=2IpGScedCZfcMdXOzYcP&usg=AFQjCNE3B8KBju8RgwyDd7Z383REMALOdA)