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View Full Version : Oil Rises to Two-Week High on European Pledge to Contain Debt - Bloomberg



NewsWhore
10-10-2011, 10:20 AM
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Oil Rises to Two-Week High on European Pledge to Contain Debt (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHJUv6OMqoCPKuIubKfRSjApalNcQ&url=http://www.bloomberg.com/news/2011-10-10/oil-rises-to-two-week-high-on-european-pledge-to-contain-debt.html)
Bloomberg
A stronger European currency increases the appeal of raw materials as an alternative investment. The shared currency weakened on Oct. 7 after Fitch Ratings lowered Spain&#39;s foreign and local debt to AA- from AA+ and cut Italy&#39;s to A+ from AA-, ...

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