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View Full Version : Crude Oil Rises More Than 6 Percent as UAE Reduces Output - Bloomberg



NewsWhore
12-26-2008, 03:40 PM
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Crude Oil Rises More Than 6 Percent as UAE Reduces Output (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaxxwujYKxj5A%26refer%3Dhome&cid=1283958621&ei=nUFVSbXcDYGi9gTn-IiaAg&usg=AFQjCNEySq7Q6qyBdzyGZAs1dG9tCXpuPg)
Bloomberg - 43 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. ...


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