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IPFS News Link • Energy

Crude Oil Reaches Record $90 After Dollar Drops Against Euro

10-18-2007 • Bloomberg

Crude oil rose to a record $90 a barrel in New York after the U.S. dollar fell against the euro, enhancing the appeal of commodities as an investment. Investors purchased oil on speculation the Federal Reserve will cut borrowing costs to bolster

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Reported By Powell Gammill

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Crude Oil Reaches Record $90 After Dollar Drops Against Euro

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