Oil futures jump on dollar Fed forecast
Crude oil prices approach $100 a barrel after U.S. dollar hits new low, talk Federal Reserve will cut interest rates again
Associated Press Business Writer
Oil prices resumed their march toward $100 Nov. 20, rising to records over $98 a barrel as futures drew strength from a declining dollar, news of refinery problems and speculation that the Federal Reserve will again cut interest rates. Heating oil futures also rose to new records.
[additional news subjects in this story]
Gasoline prices down
Speculative investing cited
Natural gas futures fal
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