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View Full Version : Oil Falls for a Second Day as Recession May Reduce Fuel Demand - Bloomberg



NewsWhore
03-02-2009, 08:50 AM
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Oil Falls for a Second Day as Recession May Reduce Fuel Demand (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaBKLEnPRsI_k%26refer%3Dhome&cid=1310188430&ei=qNarSdLPD43QM4yAnecD&usg=AFQjCNGJiIDhKfWJ7g_zimZiQdbUwGFtEg)
Bloomberg
Prices also fell as the dollar rose, reducing the appeal of commodities priced in the US currency. “There are still demand concerns on the back of the bleak economic outlook,” said Andrey Kryuchenkov, an analyst with VTB Capital in London. ...


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