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    Crude Falls on as U.S. Debt Row Persists

    Written by Investing News Network
    |
    Jul. 29, 2011 10:00AM PST

    Reuters reports that U.S. crude futures plunged as the debt-ceiling row in the United States continues.

    Reuters reports that U.S. crude futures plunged as the debt-ceiling row in the United States continues.

    The market news is quoted as saying:

    Despite the debt-limit fight in the U.S., the dollar climbed against a basket of currencies .DXY as the euro remained under pressure due to ongoing sovereign debt concerns.

    Click here to access the entire news

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