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Bloomberg Business: Dollar Holds Jump on U.S. Rate Outlook While Oil Extends Selloff
Copyright 2015 Bloomberg. NLA0PJ6JIJUP (Bloomberg) — The dollar maintained its rally, trading near a 12-year high versus the euro as investors considered the timeline for higher U.S. interest rates ahead of this week’s Federal Reserve meeting. Crude oil extended its slump. The greenback was at $1.0498 per euro by 8:16 a.m.
Old-School Ways Beating Oil Rout in Birthplace of Petroleum Age
©2016 Bloomberg News O3OZY46K50YU (Bloomberg) — Charlie Fairbank, the great grandson of one of the world’s first oilmen, has turned to a century-old technology to keep his 350 Ontario oil wells competitive in a world of $35 crude. Using a single engine and wooden jerkers — rods that connect to
