Daily Archives: 5. June 2008

Oil Rockets $5 On Possible Rate Hike –

Posted on 5. June 2008 by Jim Sutliff

The European Central Bank indicated that they may raise interest rates to fight inflation.  This triggered the rise of more than five dollars for crude oil today.  If the europeans hike interest rates it could signal another slide for the … Continue reading →

Posted in Currency, Economic News, Oil, Options & Futures | Leave a comment