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View Full Version : Oil Rises as Dollar Drops, Bolstering Demand for Commodities - Bloomberg



NewsWhore
04-23-2009, 07:30 PM
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Oil Rises as Dollar Drops, Bolstering Demand for Commodities (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601081%26sid%3DaKOcYHvfC7Q8%26refer%3Daustralia&cid=1336287415&ei=tO3wSZOgEoLGsgavofmEDA&usg=AFQjCNEgpRlA4rEHRjLvQQ5GWJETLmpHEw)
Bloomberg
Oil climbed 1.6 percent as the falling US currency increased demand for crude and precious metals as a hedge against inflation. The US Energy Department reported yesterday that crude stockpiles rose for a seventh week to the highest since September ...


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