| 30.11.2009 - Oil rises on U.A.E. backing for Dubai’s banks, weaker dollar |
| From Bloomberg: Crude oil rose in New York after the United Arab Emirates’ central bank said it “stands behind” the country’s banks, easing concerns about a possible default by Dubai World. Oil gained as much as 0.9 percent after the Abu Dhabi-based U.A.E. central bank said yesterday banks will be able to borrow using a special facility tied to their current accounts.................................Full Article: Source |