Oil nears $126 per barrel ahead of US driving season
                   
iht.com     May 9, 2008            

Oil prices neared $126 per barrel Friday on the eve of the U.S. driving season as a weakening U.S. dollar drove investors to snap up commodities. ... Light, sweet crude for June delivery rose to a record $125.98 a barrel in electronic trading on the New York Mercantile... [read full story]                    


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Dollar hauled off peaks as financial worry resurfaces

reuters.com     11 mins ago   157 related          

LONDON (Reuters) - The dollar fell on Thursday, pulling back sharply from this week's eight-month highs versus a basket of currencies as inflamed concerns about the U.S. financial sector and rising oil put a chink in its rally.                    

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Global stocks, dollar fall on fresh financial concerns

reuters.com     23 mins ago   20 related          

LONDON (Reuters) - World stocks and the dollar fell on Thursday after concerns grew about the fate of U.S. mortgage firms and the health of the broader financial sector, while a weak dollar helped oil and commodities extend...                    

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Pick Your Favorite Petro-Fascist (at Seeking Alpha)

yahoo.com     30 mins ago          

by: Contrarian Profits posted on: August 21, 2008 | about stocks: The U.S. has lost the oil wars and the only way investors can cash in on this historic turn of events is to invest in emerging markets.That’s the deeper message...                    

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Oil rises on shrinking gas supply

cnn.com     54 mins ago   168 related          

Crude gains nearly $1 as investors digest U.S. inventory report showing drop in gasoline stockpiles. Oil prices rose Thursday in Asia above $116 a barrel as investors mulled a fall in U.S. gasoline inventories and a possible...                    

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