Oil ricochets back
Oil plummets on dollar rise and inventories, GOM hurricane rescues prices
Steve Sutherlin Petroleum News
Crude futures plummeted in early European trading Nov. 6 as the U.S. dollar firmed up in the wake of the Nov. 5 presidential election, but oil prices came roaring back after U.S. markets opened, to deliver a small loss.
Alaska North Slope crude pared away 36 cents to close at $74.35, as West Texas I....
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