Oil Rises to Record as Interest Rate Drop May Spur Fuel Demand

Story date: 2007-09-20 11:06:00
Added on: 2007-09-20 15:00:17

Bloomberg - Sept. 20 (Bloomberg) -- Crude oil rose to a record $82.55 a barrel in New York on signs that U.S. interest-rate cuts and a falling dollar will bolster demand. The dollar dropped to a record low against the euro today on speculation U.S. interest ...


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