Oil Surge: Is Key S&P Commodity Index the Cause or Effect?

Crude prices hit $146 per barrel early Thursday, a surge many attributed to the ECB’s rate hike, which initially put further downward pressure on the dollar. (The dollar has since bounced and oil retreated as the ECB suggested this rate hike may be its la

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Posted on July 3rd, 2008 by
Filed under: stock news