Dollar loses ground and pumps up oil prices
COLUMBUS, Ohio - Oil prices rebounded from 17-month lows as stock markets rallied across the globe Wednesday.
Oil traders began placing bets that falling demand for crude may have already driven oil prices as low as they will go.
Light, sweet crude for December delivery rose $5.18 to $67.50 a barrel on the New York Mercantile Exchange . The contract settled at $62.73 Tuesday, the lowest closing price since May 2007...
You have selected to view an article that is older than 60 days. There are several ways to unlock access to NewsOK historical content.
Please sign in. (You might already have access)
If you are a print subscriber to The Oklahoman, activate your Digital Pass for free access.
Purchase any of The Oklahoman's digital products (digital replica, archives, iPad and smartphone apps), and access to historical NewsOK content is free.
Please sign in. (You might already have access)
If you are a print subscriber to The Oklahoman, activate your Digital Pass for free access.
Purchase any of The Oklahoman's digital products (digital replica, archives, iPad and smartphone apps), and access to historical NewsOK content is free.
