Tuesday, October 19, 2010

Dollar strengthens, crude oil dips to lowest level in two weeks

Crude for November delivery fell by almost one and a half dollar to US$81.2 on the Nymex. Brent crude for December dipped to US$82.4 on the ICE Futures Europe exchange in London. Crude oil prices havee tanked to their lowest level in two weeks as the dollar strengthens.

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