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View Full Version : Crude Oil Falls on Speculation US Stockpiles Rose Last Week - Bloomberg



NewsWhore
03-24-2009, 06:41 AM
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Crude Oil Falls on Speculation US Stockpiles Rose Last Week (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3DaZtUHYjYiUMM%26refer%3Dafrica&cid=1318579563&ei=6bnISf7wFuWgmAeVltCnDw&usg=AFQjCNEypEYpn1NH4rxauyPU9QzROGWbHA)
Bloomberg
The US currency rebounded to $1.3603 against the euro after trading yesterday near a two-month low. A stronger dollar increases the price of commodities for non-US buyers and makes hard assets like oil less attractive as a hedge against inflation. ...


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