- Oil Investing News - http://oilinvestingnews.com -

Crude futures rose above $77 a barrel

November 17, 2009 @ 3:21 pm In Oil Market News

On Monday, US crude futures rose above $77 a barrel. The investors were prompted to buy into commodities as the dollar weakened.

The news article is quoted as saying:

The dollar slipped on Monday as U.S. retail sales rose and traders saw discord over exchange rates among Asian and U.S.leaders as a cue to sell the greenback against free-floating currencies such as the euro.

Click here to access the entire press release [1]


Article printed from Oil Investing News: http://oilinvestingnews.com

URL to article: http://oilinvestingnews.com/1201-crude-futures-rose-above-77-a-barrel.html

URLs in this post:

[1] Click here to access the entire press release: http://www.reuters.com/article/etfNews/idUSN1650986620091116

Copyright © 2010 Oil Investing News. All rights reserved.