... to offload euro-denominated debt, that would put downward pressure on the euro, and the euro-dollar rate has been one of the key factors in oil prices,” said Adam Sieminski, chief energy economist at Deutsche Bank AG in Washington. ... The move, which could curb long-term supply, comes as a presidential commission studies the Gulf of Mexico oil spill. Brent crude for July settlement rose $2.87, or 4 percent, to $74.61 on the ICE Futures Europe exchange in London. ...
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