PDA

View Full Version : Oil Trades Above $95 After Gaining on Asian Growth, Funds Flow - Bloomberg



NewsWhore
02-17-2008, 11:40 PM
<img alt="" height="1" width="1">
Oil Trades Above $95 After Gaining on Asian Growth, Funds Flow (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601091%26sid%3Da2rrrTe5haMk%26refer%3Dindia&cid=1132674478&ei=XAy5R8G1DY7u-wH-7aSKCA)
Bloomberg - 48 minutes ago
Oil, which is priced in dollars, tends to rise as the currency declines as traders buy contracts to hedge against inflation losses. ...


More... (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601091%26sid%3Da2rrrTe5haMk%26refer%3Dindia&cid=1132674478&ei=XAy5R8G1DY7u-wH-7aSKCA)