Oil held near $128 a barrel Friday in Asia after rising more than $5 overnight as the dollar swooned against the euro in response to comments by the head of the European Central Bank.
The dramatic reversal in what had been a weakening market came after ECB President Jean-Claude Trichet suggested the bank could raise interest rates and the euro climbed against the dollar.
When interest rates rise in Europe, or fall in the U.S., the dollar tends to...
Suck It, OPEC
Now that the price of oil has fallen to much more comfortable levels, OPEC wants to step in and protect $100 per barrel oil. If this isn't Exhibit A as to why we need to get off oil -- and...
ECB, euro nations try to soothe volatile markets
European Central Bank President Jean-Claude Trichet called Monday for calm in the continent's jittery markets, saying they are overestimating risks and the euro-zone central bank stood ready...
Oil Prices Fall Below $90 a Barrel
Oil prices fell below $90 a barrel for the first time since February, and weak global demand has prompted predictions of further drops.
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Brother MFC-7820N 5-in-1 Network Monochrome Laser...
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