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Oil posts record US$6 gain on weak US dollar

OIL surged US$6 to over US$128 a barrel yesterday in the largest outright gain on record as signals the European Central Bank may raise interest rates this year pushed down the US dollar. US crude CLc1> traded...

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<p><a href="http://www.shanghaidaily.com/sp/article/2008/200806/20080606/article_362223.htm"> Oil posts record US$6 gain on weak US dollar </a> by -- OIL surged US$6 to over US$128 a barrel yesterday in the largest outright gain on record as signals the European Central Bank may raise interest rates this year pushed down the US dollar. US crude CLc1> traded... </p>