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View Full Version : Oil Rises Above $82 for the First Time on Lower Interest Rates - Bloomberg



NewsWhore
09-18-2007, 06:00 PM
Oil Rises Above $82 for the First Time on Lower Interest Rates (http://news.google.com/news/url?sa=T&ct=us/5-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaCKBW77Yli4M%26refer%3Dhome&cid=1120923428&ei=o0nwRoq8H4ey0AHsv_HvCw)
Bloomberg - 1 hour ago
The purchasing power of OPEC nations and other exporters declines when the value of the dollar drops because oil is priced in the US currency. ...



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