Crude oil prices firmed in New York after the cut in US interest rates. Other markets also gained in value yesterday.
Crude oil prices traded above USD 82 a barrel inNew York for a second day, on speculation that the US rate cut of 0.5 percentage point will strengthen fuel demand, Bloomberg reports. The Federal Reserve lowered its benchmark interest rate by a half point yesterday, more than economists predicted. Prices also climbed as Royal Dutch Shell evacuated staff from the Gulf of Mexico because of a poten
Mittwoch, 19.09.2007, 08:20 Uhr
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