| 28.01.2009 - Oil bounces above $42 after plunge on demand fears |
| From Reuters: Oil rebounded above $42 a barrel on Wednesday from a 9-percent fall a day ago, as worries over demand due to the faltering global economy eased. Traders will watch for weekly U.S. inventory data from the Energy Information Administration (EIA) due later in the day, after the American Petroleum Institute (API) reported a much smaller than expected crude stockbuild on Tuesday..... Full Article: Source |