"A good name is better than riches."
Oil pares losses after emergency U.S. rate cut
Published on: Tue, 22 Jan 2008
Author:
LONDON (Reuters) - Oil cut some of its losses to trade around $88 a barrel on Tuesday after the U.S. Federal Reserve took emergency action to help prevent the world's biggest fuel consumer from tipping into recession.
Read more at:
http://www.reuters.com/article/businessNews/idUST3904820080122?feedType=RSS&feedName=businessNews
Source:
Reuters
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