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Home Front Economy
Oil down, dollar up as al-Zarqawi dies
2006-06-08
Oil has fallen 1.7% to below $70 for the first time in two weeks after the death of al-Qaeda's leader in Iraq, where crude exports have been curbed by frequent sabotage attacks and instability.
Posted by:Fred

#3  All of which means the price is being driven by speculators playing off Iran and Iraq events and not because of basic supply and demand.

Yes, you're probably quite right, this was discussed here.
Posted by: anonymous5089   2006-06-08 10:36  

#2  All of which means the price is being driven by speculators playing off Iran and Iraq events and not because of basic supply and demand.
Posted by: Gravitch Flurt9338   2006-06-08 10:14  

#1  I do *not* like the fact that the $ rises against the euro, it dampens my compulsive internet buying spree. I hope the US authorities will take that into account the next time they wish to bump off a terrorist supremo. Think about me, dammit!
Posted by: anonymous5089   2006-06-08 09:08  

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