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NewsWhore
05-06-2009, 09:00 AM
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Oil Rises After API Says Crude, Gasoline Inventories Contracted (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3Dae7DjGPzzwz8%26refer%3Djapan&cid=0&ei=54sBSvKRMJfpkAWxnZX0Bw&usg=AFQjCNECImqpuUScKcG0px-E9d5yEzR5_w)
Bloomberg - Grant Smith (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:%22Grant Smith%22&hl=en&ned=us&ie=ISO-8859-1)
A stronger US currency dulls demand for dollar-priced commodities used to hedge against inflation. Futures on the Standard & Poor&#39;s 500 Index expiring in June fell 0.9 percent to 895.40, and the dollar traded at $1.33 per euro as of 12:48 pm in London. ...


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