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View Full Version : Oil Drops on Speculation Fuel Demand May Falter as US Economy Weakens - Bloomberg



NewsWhore
05-30-2011, 04:40 AM
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Oil Drops on Speculation Fuel Demand May Falter as US Economy Weakens (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNF3Bl3Pfo5Ki09fjqxwvNc72A8ahg&url=http://www.bloomberg.com/news/2011-05-30/oil-declines-in-new-york-on-concern-reports-to-show-u-s-economy-slowing.html)
Bloomberg
Oil also dropped as the dollar strengthened against the euro, limiting the appeal of commodities priced in the US currency. “There are definitely concerns about the debt issues in the European periphery,” said Serene Lim, a commodity strategist at ...

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