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View Full Version : Crude Oil Trades Near $54 on Signs of Economic Improvement - Bloomberg



NewsWhore
05-05-2009, 12:00 AM
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Crude Oil Trades Near $54 on Signs of Economic Improvement (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3Dawgkrxj7Wo_Q%26refer%3Djapan&cid=0&ei=yLv_SZz5OovGsgaJreGFCA&usg=AFQjCNGx3dwgJlp0KPv9eKCIhyv4p88oWg)
Bloomberg - Christian Schmollinger (http://news.google.com/news?svnum=10&as_scoring=n&tab=wn&as_drrb=q&as_qdr=&as_mind=11&as_minm=7&as_maxd=10&as_maxm=8&q=author:%22Christian Schmollinger%22&hl=en&ned=us&ie=ISO-8859-1)
Investors seek purchases of commodities and oil as a hedge against inflation as the currency declines. The S&P 500 climbed to the highest level in almost four months. It added 29.72, or 3.4 percent, to 907.24. The index is up 0.4 percent for the year. ...


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