Declining US Dollar Sparking Global Food and Fuel Inflation

Last week the Energy Information Administration (EIA) reported oil inventories supplies rising to 346.7 from 335.7 million barrels over a period of six weeks. The current build did not sway oil prices to decline as the Arab world is going through their own upheaval questioning the uncertainty of oil supply in the near future. The declining US dollar has also attributed to the increase in the price of oil.

Source: http://www.articlesbase.com/day-trading-articles/declining-us-dollar-sparking-global-food-and-fuel-inflation-4754282.html

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