NewsWhore
03-05-2009, 12:30 AM
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OPEC May Forgo Cut as Dollar Boosts Oil’s Value: Chart of Day (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601091%26sid%3Da1a51wcmGUFs%26refer%3Dindia&cid=1309718910&ei=CFavScH4NZ-oxAHJrv3pAw&usg=AFQjCNGx0D7lHUron9NiybLGx-v4S0RGkg)
Bloomberg
The CHART OF THE DAY shows that while crude futures have slumped 70 percent to around $44 from a July 11 record, the strength of the dollar means the country has about $12 a barrel more in spending power than if the currency had kept steady. ...
More... (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601091%26sid%3Da1a51wcmGUFs%26refer%3Dindia&cid=1309718910&ei=CFavScH4NZ-oxAHJrv3pAw&usg=AFQjCNGx0D7lHUron9NiybLGx-v4S0RGkg)
OPEC May Forgo Cut as Dollar Boosts Oil’s Value: Chart of Day (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601091%26sid%3Da1a51wcmGUFs%26refer%3Dindia&cid=1309718910&ei=CFavScH4NZ-oxAHJrv3pAw&usg=AFQjCNGx0D7lHUron9NiybLGx-v4S0RGkg)
Bloomberg
The CHART OF THE DAY shows that while crude futures have slumped 70 percent to around $44 from a July 11 record, the strength of the dollar means the country has about $12 a barrel more in spending power than if the currency had kept steady. ...
More... (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601091%26sid%3Da1a51wcmGUFs%26refer%3Dindia&cid=1309718910&ei=CFavScH4NZ-oxAHJrv3pAw&usg=AFQjCNGx0D7lHUron9NiybLGx-v4S0RGkg)