Oil rises on ECB president’s commentsAnalysts believe global demand may have reached plateau, forcing prices down; gas prices continue to rise as profit margins shrink The Associated Press
Oil prices rose on June 5 after the dollar fell in response to comments by European Central Bank President Jean-Claude Trichet suggesting the bank could raise interest rates. At the pump, meanwhile, gas prices nationally rose to a new record near $3.99, and are likely to hit $4 soon. Gas prices in A....
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More interest rate cuts unlikely Gas prices continue to rise Demand cuts lead to price drop Prices prompting changes for governments, industry
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