Oil rallies on weaker dollar, U.S.-Russian tensions

Posted by admin on August 21, 2008 under News | Be the First to Comment

Oil rallies on weaker dollar, U.S.-Russian tensions
NEW YORK (MarketWatch) — Crude-oil futures Thursday rallied more than 2% to above $118 a barrel, as the U.S. dollar fell against other major currencies and as tensions between the U.S. and Russia inc…

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