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View Full Version : Oil Trades Near $91 on Speculation US Will Cut Interest Rates - Bloomberg



NewsWhore
01-29-2008, 02:26 AM
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Oil Trades Near $91 on Speculation US Will Cut Interest Rates (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601085%26sid%3DamzQVtnfoWLA%26refer%3Deurope&cid=0&ei=I9WeR7KrNoSu-QHIxYmiAw)
Bloomberg - 18 minutes ago
Traders purchase commodities as an inflation hedge when the value of the US currency drops. ``We say that a possible recession won&#39;t be prolonged and the ...



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