Friday, June 6, 2008

Oil prices: 2-day surge on weak US dollar

Futures skyrocket $11 on a sliding dollar, geopolitics and a Morgan Stanley report predicting $150-a-barrel oil.
By Catherine Clifford and Ben Rooney, CNNMoney.com staff writers
Last Updated: June 6, 2008: 2:16 PM EDT
NEW YORK (CNNMoney.com) -- Oil prices surged for the second straight day, cresting a previous trading high, on a dollar decline that stemmed from a weak jobs report, geopolitical tensions and a forecast of $150-a-barrel oil.
Oil price
Oil's 2-day surge tops record Jun 6, 2008

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