The retreat in oil prices come as reports indicate that the...

The retreat in oil prices come as reports indicate that the tropical storm in the Gulf of Mexico will miss production areas.


That is what they would like you to beleive, but any weaking of the $US via the talk of bailouts of financials etc and you watch the oil price jump. The wrost thing that could happen to the oil price if for the Fed to raise rates. If they raise rates or talk of raising rates the $US goes up and oil goes down like a sack of...