Oil prices rise to mid-US$94 a barrel on OPEC comments on depreciating dollar

By Pete Southern in Gold and Oil News | November 19, 2007 11:00 |

SINGAPORE (AP): Oil prices rose Monday as some OPEC members talked about converting their cash reserves to the euro and away from the ‘worthless’ U.S. dollar.There is also doubt a possible OPEC output hike next month would get more supplies to market in Read More…

Pete Southern About Pete Southern
Pete Southern is an active trader, chartist and writer for market blogs. He is currently technical analysis contributor and admin at this here blog.



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