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ECB President says speculators not to blame for oil price highs - International Herald Tribune

BRUSSELS, Belgium : The head of the European Central Bank said Wednesday that he did not believe speculators should carry most of the blame for skyrocketing oil prices that have propelled euro-zone inflation to record highs. ECB President Jean-Claude ...

Energy Sector Roundup: Oil bounces back - CNN Money

Oil prices rose back above $128 a barrel after the dollar fell in response to comments by European Central Bank President Jean-Claude Trichet suggesting the bank could raise interest rates. At the pump, meanwhile, gas prices rose to a new record near ...

Inflation crashes party as euro ministers meet - Forbes

FRANKFURT (Reuters) - Sky-high fuel and food prices crashed the party when finance ministers flocked to Frankfurt to celebrate the European Central Bank's 10th birthday Monday, a milestone in Europe's monetary union. ECB chief Jean-Claude Trichet set ...

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