Posted by
tradinvest on
Apr 8th, 2011 |
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The price of crude oil keeps surging, and it has now reached a two-and-a-half year high. The market is also expressing concerns about the weaking of the US Dollar, while trading markets today saw the Pound and the Euro rise further.
An increase of US$ 1.29 saw the cost of a barrel rise to US$ 111.59. Sources claim that this increase combined with the weakening of the Dollar could result in what the...