Tag: United States crude oil

• Friday, April 29th 2011 - 05:21 UTC

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

  

  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.