Home Page : Archive News : June 2011 News : Oil Rebounds on Weaker Dollar, US Stocks

Oil Rebounds on Weaker Dollar, US Stocks

June 16, 2011

Oil rebounded on Thursday, with Brent up 1.4 percent, after the previous day's sharp drop and a falling dollar created buying opportunities against a backdrop of tumbling U.S. crude inventories and uncertainty over OPEC output.

Source: http://www.cnbc.com/id/43417892?__source=RSS*tag*&par=RSS
 
Related Updates