Archive for January 30th, 2009
Crude Oil Floats on Weak U.S Economy and Strong Dollar
Posted on30. Jan, 2009 by admin.
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The Crude Oil prices failed to strengthen on Thursday, due to the release of another round of gloomy U.S. economic data, the world’s top energy consumer. The failure of Oil to reverse recent losses was also owed to a strong U.S. Dollar in yesterday’s trading. This came about largely due to reports showing U.S. unemployment [...]
