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View Full Version : Oil Rises More Than $1 on Signs opec's Lost Control of Prices - Bloomberg



NewsWhore
11-16-2007, 04:40 PM
Oil Rises More Than $1 on Signs opec's Lost Control of Prices (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3Da1YneLLwrnug%26refer%3Dnews&cid=0&ei=wQw-R8O_D4Oo_AG_won8Dg)
Bloomberg - 56 minutes ago
Commodities often move in the opposite direction of the US currency. A lower dollar makes oil relatively cheaper in the countries using other currencies. ...



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