Forex News – Oil breaches 98 dollars on weak US currency, energy reserves … – Forbes

Oil breaches 98 dollars on weak US currency, energy reserves – UPDATE 1 – Forbes. SINGAPORE (Thomson Financial) – Oil prices powered past 98 US dollars in Asian trade Wednesday for the first time as the greenback sank to a new low amid expectations of further declines in US energy reserves. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News. The content on this site, including news, quotes, data and other information, is provided by AFX News and its third party content providers for your personal information only, and neither AFX News nor its third party content providers shall be liable for any errors, inaccuracies or delays in content, or for any actions taken in reliance thereon. read more

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