Oil soars to its highest in 31 months and US dollar plunges to three year low

Friday, April 29th 2011 - 05:21 UTC

Full article 1 comment

United States crude oil futures rose Thursday to hit a 31-month high settlement after a volatile trading session while the US dollar fell to a three-year low against major currencies following on the Federal Reserve's intention to keep interest rates near zero. Read full article

Comments

Disclaimer & comment rules

GeoffWard
Chavez rubbing his hands; Chavez-Tax = 95% of the *gross* from every barrel extracted in Venezuela.

1 “This Golden Goose keeps laying, and laying, and laying
. . . . this must be the richest country in the world!”
2 “What! It isn't? . . . . So where does all the money go then???”
1 “Beats me”
2 “What, just for asking the question?”
1 “This is Venezuela, live with it”
2 “Don't suppose we can have oil, high living standards AND free speech.
I voted for him 'cos he said we would get it all . . .”
1 (sigh) “We certainly got it!”
Apr 29th, 2011 - 09:19 pm - Link - Report abuse 0
-+

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!