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View Full Version : Oil Surges After Report Shows Unexpected US Inventory Decline - Bloomberg



NewsWhore
02-19-2009, 03:40 PM
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Oil Surges After Report Shows Unexpected US Inventory Decline (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaTWd_ISLht4k%26refer%3Dhome&cid=0&ei=GMSdSeb8Fo6uQM78hNoO&usg=AFQjCNEWOvcR7FccgaQSczAdCRPCifMgXQ)
Bloomberg
Oil also climbed as the euro strengthened against the US currency on speculation that Europe will take steps to address the financial crisis. Investors purchased commodities as a store of value. “The weaker dollar tends to send people looking for an ...


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