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Dollar Slides, Crude Jumps

Wednesday, May 13, 2009

Oil rose for a second day on Wednesday, after an industry group reported U.S. crude stockpiles dropped for the second week in a row and the dollar declined. Oil has climbed 34 percent this year, tracking global equity markets on optimism that an economic recovery will spur demand for fuel. Additional support for crude prices came from the dollar, which fell to the lowest level against the euro since March, bolstering demand for commodities as a hedge against inflation.

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McCain Campaigning For Big Oil Firms

Tuesday, August 5, 2008

John McCain is heading to the Bush-Cheney play book that puts the interests of oil firms prior to the interests of Americans. For more news, click here

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Asides

The Crude Oil Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
For upcoming crude oil investing trade shows, see the following links: Oil Sands Technology Show, Houston Energy Financial Forum
OilInvestingNews.com maintains a focus on Oil exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.