Thu, 15 Jan 2015 15:37:24 GMT
Oil slightly rises amid weak Dollar
In spite of OPEC forecasting weak demand for oil in 2015, as well as lower oil prices, oil has actually steadied as US Dollar dropped. As SNB lifted a three-year cap versus the Euro, the Swiss Franc elevated sharply, pushing down the Greenback and the Euro zone currency. Due to commodities being priced in US Dollars, black gold gained with