Posts Tagged ‘QE2’

Gold and Oil News - June 29, 2011 23:56

Crude Oil moves in a Strong Bullish Rally on Expectation of Higher Demand

Crude oil futures jumped on Tuesday as investors and most of the analysts foresee higher global demand for oil due to sluggish US economy and Greeceâ€™s debt crisis. Crude oil futures contract for August delivery jumped 2.5 percent or $2.28 to $92.89 per barrel on New York Mercantile Exchange. The surge on Tuesday was the […]

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