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



NewsWhore
02-18-2008, 05:04 AM
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Oil Trades Above $95 After Gaining on Venezuela, Funds Flow (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601103%26sid%3DawqCYdfeD2Ac%26refer%3Dus&cid=0&ei=WEq5R73SKpL6_AHJ1NWOCA)
Bloomberg - 25 minutes ago
Oil, which is priced in dollars, tends to rise as the currency declines as traders buy contracts to hedge against inflation losses. ...


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