Crude oil futures rise on the dollar rush - News - Dukascopy Bank

Thu, 29 Dec 2011 09:37:21 GMT
Source: Forexpros
 
© Scanpix/AP

Crude oil futures appreciated as investors mostly sold their oil holdings to get profits and reinvest them in the USD purchases amid fresh concerns over the Euro Zone's debt crisis. Light, sweet crude oil futures for February delivery traded at USD99.39 a barrel during the morning Asian trade, on the New York Mercantile Exchange, adding 0.03%.


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