Oil Prices Rise after Fed’s Announcement of Stimulus Program
Submitted by Faarooq Mehmood on Fri, 09/14/2012 - 12:58
A recent report has uncovered that he U. S. Federal Reserve’s new program aimed at enhancing and boosting the economy has also resulted in an increase in oil.
The Program was launched on Thursday, which has also caused Brent futures to augment a sixth session. The same includes buying $40 billion of mortgage debt each month or atleast until the time job-outlook improves.
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