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View Full Version : Oil Rises to 6-Month High on OPEC Announcement, Supply Decline - Bloomberg



NewsWhore
05-28-2009, 03:40 PM
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Oil Rises to 6-Month High on OPEC Announcement, Supply Decline (http://news.google.com/news/url?sa=T&ct=us/5-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601085%26sid%3DaDA5R0L6_NrI%26refer%3Deurope&cid=1247734831&ei=EeseSrKBE4uC6QObtcSQDg&usg=AFQjCNGxYpKzg12MKCtstJG3PrVlsUEPnw)
Bloomberg
The decline in the value of the US currency is bolstering demand for commodities as an alternative investment. The dollar declined 0.8 percent to $1.3936 per euro, from $1.3825 yesterday. The Reuters/Jefferies CRB Index of 19 raw materials rose 1.4 ...


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