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View Full Version : Oil Declines From Highest Level Since May on European Economic Reports - Bloomberg



NewsWhore
01-04-2012, 09:30 AM
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Oil Declines From Highest Level Since May on European Economic Reports (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNELNOxIUSh_1hqPw8-vtEbad1zO6w&url=http://www.bloomberg.com/news/2012-01-04/oil-declines-from-highest-level-since-may-on-european-economic-reports.html)
Bloomberg
A weaker euro and stronger US currency reduce oil&#39;s appeal as an investment alternative. “The stronger dollar versus euro may be exerting short- term downward pressure,” said Christopher Bellew, a senior broker with Jefferies Bache Ltd. in London. ...

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