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View Full Version : Oil Falls as Equity Drop Sparks Concern Over Economic Recovery - Bloomberg



NewsWhore
06-17-2009, 08:40 AM
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Oil Falls as Equity Drop Sparks Concern Over Economic Recovery (http://news.google.com/news/url?sa=T&ct=us/4-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601082%26sid%3Dac9UYzSeNo24&cid=1260288913&ei=Eec4SqzOJ5idkAWDtajDCA&usg=AFQjCNFPxfc5VuW-n_Z-FMHi6Ai_iTUTrg)
Bloomberg
Declines in the US currency make dollar-priced commodities such as crude more useful as a hedge against inflation. “The green shoots for oil fundamentals are debatable,” said Mike Wittner, head of oil market research at Societe Generale SA in London. ...


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