Energy: China hiking gas, diesel prices, official says

Date: Sun, May 31, 2009 at 2:50 PM

China hiking gas, diesel prices, official says

Oil up $1.23 to settle at $66.31 a barrel - highest since Nov. 4.

Date: Fri, 29 May 2009 15:02:07 -0400

Oil up $1.23 to settle at $66.31 a barrel - highest since Nov. 4.

United Auto Workers union members unanimously ratify their contract with General Motors making sharp concessions in pay and benefits.

Date: Fri, 29 May 2009 13:34:05 -0400

United Auto Workers union members unanimously ratify their contract
with General Motors making sharp concessions in pay and benefits.

GM shares at all-time-low 78 cents as blue chips stage modest retreat

Date: Fri, 29 May 2009 13:23:44 -0400

GM shares at all-time-low 78 cents as blue chips stage modest retreat
5/29/2009 1:21:59 PM EDT

U.S. says economy contracted 5.7% in the first quarter - better than the initial reading released last month.

Date: Fri, 29 May 2009 08:34:14 -0400

U.S. says economy contracted 5.7% in the first quarter - better than
the initial reading released last month.

Energy: China to set green rules for its businesses abroad

Date: 29 MAY 2009 04:06:58 GMT

The Chinese government is reportedly studying new legislation that
would set environmental standards for Chinese companies doing business
outside the country.

Silver poised for biggest monthly gain in 22 years

Date: Fri, 29 May 2009 12:01:12 -0400
Silver poised for biggest monthly gain in 22 years

Silver futures gain more than 2%, heading for their biggest monthly
gain in 22 years as inflation worries and hopes for an economic
recovery boosted the metal. Gold rose to three-month highs as the
dollar slipped.

OIL ECLIPSES $66 ON HOPES FOR BETTER ENERGY DEMAND

Oil futures rise past $66 a barrel, playing off data show a less severe
contraction in the U.S. economy than previously estimated and
rekindling hopes for stronger demand for energy.

ENERGY STOCKS EXTEND GAINS TO CAP OFF A STRONG MAY

Energy stocks finish out a robust May with fresh Friday gains, as
shares of petroleum producers and refiners play off the highest
crude-oil prices seen in six months.

CONSUMER SENTIMENT RISES IN MAY; BETTER TIMES SEEN

U.S. consumer sentiment rose in May, reaching the highest level since
September, as more Americans feel the end of the recession is
approaching.

BRITISH CONSUMER CONFIDENCE HOLDS STEADY IN MAY

British consumers remained dour in May, with a gauge of consumer
confidence showing no change.

Energy: Energy stocks extend gains to cap off a strong May

Date: 29 MAY 2009 14:14:45 GMT

Energy stocks finish out a robust May with fresh Friday gains, as
shares of petroleum producers and refiners play off the highest
crude-oil prices seen in six months.

General Motors' stock falls below $1 - hitting a level not seen since the Great Depression - as automaker faces looming bankruptcy.

Date: Fri, 29 May 2009 11:05:08 -0400

General Motors' stock falls below $1 - hitting a level not seen since
the Great Depression - as automaker faces looming bankruptcy.

Oil settles up $1.63 to $65.08 a barrel - highest since Nov. 5.

Date: Thu, 28 May 2009 14:50:15 -0400

Oil settles up $1.63 to $65.08 a barrel - highest since Nov. 5.

Time Warner to separate AOL, creating an independent, publicly traded company.

Date: Thu, 28 May 2009 08:10:20 -0400

Time Warner to separate AOL, creating an independent, publicly traded company.

Oil ends $1 higher to settle at $63.45 a barrel - highest price since November.

Date: Wed, 27 May 2009 14:48:10 -0400

Oil ends $1 higher to settle at $63.45 a barrel - highest price since November.

Energy: Crude rises for third session on economic hopes

Date: 27 MAY 2009 13:20:37 GMT

Crude-oil futures rose Wednesday for a third session as rising global
stocks and a jump in U.S. consumer confidence boosted hopes for an
economic recovery and a rebound in oil demand.

Oil closes up 78 cents to settle at $62.45 a barrel - high for the year - lifted by triple-digit stock rally.

Date: Tue, May 26, 2009 at 2:52 PM

Oil closes up 78 cents to settle at $62.45 a barrel - high for the
year - lifted by triple-digit stock rally.

Dow rallies more than 140 points after report shows consumer confidence soared in May to its highest level in eight months.

Date: Tue, 26 May 2009 10:24:05 -0400

Dow rallies more than 140 points after report shows consumer
confidence soared in May to its highest level in eight months.

Energy: Energy stocks retreat as oil falls below $60

Date: 26 MAY 2009 13:58:47 GMT

Energy stocks fall as Wall Street mulls oil prices below $60 a barrel
and more difficult long-term prospects for major oil companies.

North Korea reportedly set to launch more missiles Tuesday or Wednesday

Date: Mon, 25 May 2009 20:35:05 -0400

North Korea reportedly set to launch more missiles Tuesday or Wednesday
5/25/2009 8:33:10 PM EDT

North Korea suspected of new nuclear weapon test: reports

Date: Sun, 24 May 2009 23:02:06 -0400

North Korea suspected of new nuclear weapon test: reports
5/24/2009 11:00:23 PM EDT

Energy: PetroChina buys 45.5% stake in Singapore Petroleum

Date: 25 MAY 2009 01:14:57 GMT

Chinese energy giant strikes a deal to acquire almost half of refiner
Singapore Petroleum for about $1 billion, a move which may lead to an
outright purchase of the entire company.

Energy: Business leaders meet on climate change in Denmark

Date: 24 MAY 2009 18:23:19 GMT

Nobel Peace Prize winner Al Gore on Sunday urges a gathering of more
than 500 business leaders to push for a global agreement on curbing
global warming pollution, saying 'Mother Nature does not do bailouts.'

Energy: Israel stocks lower; Barclays sees steady rates

Date: 24 MAY 2009 16:54:46 GMT

Israeli stocks fall for a second day as oil companies and tech stocks
weaken and the shekel continues a surge against the U.S. dollar.

U.S. indexes close lower after GM's late-day skid turns Dow red

Date: Fri, 22 May 2009 16:04:16 -0400

U.S. indexes close lower after GM's late-day skid turns Dow red
5/22/2009 4:02:20 PM EDT

Energy: Gasoline rises again, but may soon level off

Date: 22 MAY 2009 13:58:29 GMT

Average U.S. gasoline prices at the pump continue their traditional
summer rise by moving up to $2.39 a gallon, but further increases
remain uncertain in the face of the recession, as the summer driving
season gears up this Memorial Day weekend.

Energy: Crude gains as dollar weakens

Date: 22 MAY 2009 13:44:29 GMT

NEW YORK
Crude-oil futures rose Friday, extending their weekly gains to more
than 8%, as a weakening dollar raised dollar-denominated oil prices.

Oil retreats from Wednesday's 6-month high, settling down 99 cents at $61.05 a barrel, as stocks also drop.

Date: Thu, 21 May 2009 14:46:05 -0400

Oil retreats from Wednesday's 6-month high, settling down 99 cents at
$61.05 a barrel, as stocks also drop.

Energy: Proposal to scrap building energy codes fails

Date: 20 MAY 2009 21:03:39 GMT

A Republican amendment that would have scrapped proposed
energy-efficiency codes for buildings fails during a House Energy
Committee work session, as members continue to draft a huge bill to
slash global warming and boost renewable energy.

Oil settles above $60 a barrel for the first time since Nov. 10, closing at $62.04 a barrel.

Date: Wed, 20 May 2009 14:59:14 -0400

Oil settles above $60 a barrel for the first time since Nov. 10,
closing at $62.04 a barrel.

Energy: Gold rises on weakening dollar, inflation concerns

Date: 20 MAY 2009 13:05:50 GMT

NEW YOR
Gold futures rose Wednesday to above $930 an ounce, as the U.S. dollar
dropped against the euro for a third straight session amid a cautious
tone in financial markets, increasing gold's investment appeal.

Geithner says financial system is healing, with $123.7 bln in bailout funds yet available

Date: Wed, 20 May 2009 09:34:47 -0400

Geithner says financial system is healing, with $123.7 bln in bailout
funds yet available
5/20/2009 9:32:52 AM EDT

Energy: Energy stocks eye inventory data

Date: 20 MAY 2009 14:08:53 GMT

NEW YORK
Energy stocks rose with the broad market on Wednesday ahead of key
weekly petroleum supply data as oil broke through the $60-a-barrel
mark for the first time in months.

Hewlett-Packard reports 17% drop in quarterly profit; shares fall in late trading

Date: Tue, 19 May 2009 16:17:47 -0400

Hewlett-Packard reports 17% drop in quarterly profit; shares fall in
late trading
5/19/2009 4:15:00 PM EDT

Surge in oil supply puts rally at risk

Date: Tue, May 19, 2009 at 3:10 PM

Major producing nations are ramping up output even as demand sinks and
stockpiles cling to multiple-year highs, raising questions about
whether prices can keep climbing past the key $60 mark.

Energy: Speeding down a Brave New Road

Date: 19 MAY 2009 18:29:09 GMT

News that the Obama administration is pushing for more fuel-efficient
cars sounded like a page from the Jimmy Carter energy plan, and faces
an ocean of predictable skepticism.

Energy: PetroChina buys stakes in eight gas companies

Date: 19 MAY 2009 04:21:05 GMT

PetroChina Ltd. shares advance in Hong Kong after the energy company
says it acquired stakes in eight domestic natural gas providers from
its parent company for about 1.09 billion yuan ($160 million) and
plans to issue up to 26 billion yuan in medium-term debt.

Energy: Energy stocks dip, but hold on to recent gains

Date: 19 MAY 2009 14:16:55 GMT

NEW YORK

Shares of oil and natural gas companies dipped Tuesday as oil prices
held close to $60 a barrel as Wall Street weighed the benefits of
reduced costs for oil drilling against carbon emission caps and auto
gas mileage standards.

Energy: Sector jumps along with broad market, oil prices

Date: 18 MAY 2009 14:17:38 GMT

Energy stocks perked up with oil prices on Monday, as a blast in
Nigeria over the weekend and an expected deal between Petrobras and
China shaped the landscape.

Energy: Crude rises on Nigeria, higher global equities

Date: 18 MAY 2009 13:00:18 GMT

Crude-oil futures rebound, up more than 2% on the heels of last week's
4% pullback, as global stocks move higher and as concerns rise that
militant unrest in Nigeria may disrupt supplies from Africa's biggest
oil producer.

Energy: Energy stocks retreat on weak demand jitters

Date: 15 MAY 2009 14:47:29 GMT

Energy stocks move lower as weaker oil prices and concern over weak
demand weigh on shares.

Energy: Crude below $58 on prospects demand to ebb further

Date: 15 MAY 2009 12:53:17 GMT

Weaker crude-oil futures put the benchmark contract on pace to lose
more than 2% for the week, on worries that there won't be a swift
recovery in the global economy and that energy demand will fall
further.

Energy: House lawmakers hone in on huge energy bill

Date: Thu, May 14, 2009 at 4:27 PM

The House Energy panel begins work next week on a huge and
controversial bill to sharply cut carbon emissions, kick the American
habit of importing energy and bolster new "green" jobs.

Dow industrials finish up 46 points; S&P 500 closes higher for first day in four

Date: Thu, 14 May 2009 16:06:10 -0400

Dow industrials finish up 46 points; S&P 500 closes higher for first day in four
5/14/2009 4:04:23 PM EDT

Energy: U.K. stocks edge up as banks offset oil producers

Date: 14 MAY 2009 09:03:52 GMT

U.K. stocks veer between gains and losses on Thursday, with investors
getting back into financials and out of energy-related plays after a
week of declines.

Energy: Energy stocks fall on weak short-term prospects

Date: 14 MAY 2009 14:15:28 GMT

Energy stocks moved down Thursday after the International Energy
Agency cut its estimate for global oil demand by 200,000 barrels a day
in 2009.

Stocks suffer big losses after retail sales disappointment. Dow tumbles 185 points, Nasdaq loses 3%, S&P down 2.7%.

Date: Wed, May 13, 2009 at 4:02 PM

Stocks suffer big losses after retail sales disappointment. Dow
tumbles 185 points, Nasdaq loses 3%, S&P down 2.7%.

Energy: BG Group signs pact to sell gas to China

Date: 13 MAY 2009 12:58:27 GMT

In a landmark deal, Britain's BG Group enters a 20-year agreement with
China's CNOOC to sell liquefied natural gas from Australia into the
mainland.

Energy: Canadian stocks fall along with U.S. markets

Date: 13 MAY 2009 15:52:45 GMT

Stocks decline for a third session, after a slide in U.S. retail sales
raises concerns that the economy of Canada's biggest trading partner
may not recover from recession as quickly as some had hoped.

Crude rises as U.S. inventories fall unexpectedly

Date: Wed, 13 May 2009 12:01:41 -0400

Crude rises as U.S. inventories fall unexpectedly

Crude-oil futures rise after government data show U.S. inventories
marked a surprising fall last week, declining for the first week in
10, as the country imported less oil.

INTEL FINED A RECORD $1.45 BLN BY E.U. REGULATOR

The European Competition Commission fines chip maker Intel a record
1.06 billion euros ($1.45 billion) for abusing its dominance of the
market to squeeze out rival Advanced Micro Devices.

INTEL AND THE FOLLY OF REGULATION

The European Commission case against Intel isn't likely to make much
difference.

TEXT OF EUROPEAN COMMISSION STATEMENT ON INTEL

The text of the European Commission statement on its fine of Intel for
anti-competitive behavior.

INTEL CEO: SECOND QUARTER 'BETTER THAN EXPECTED'

Shares of Intel Corp. rise in after-hours trading after company Chief
Executive Paul Otellini says the chip giant's business in the second
quarter was 'a little better than expected.'

GM trades at $1 a share, down more than 13%

Date: Wed, 13 May 2009 09:47:46 -0400

GM trades at $1 a share, down more than 13%
5/13/2009 9:38:36 AM EDT

Energy: Israel stocks off; M-A down; budget plan passes

Date: 13 MAY 2009 14:53:38 GMT

TEL AVIV
Israel stocks fell on Wednesday, led by weakness in Israel Chemicals,
and after Prime Minister Benjamin Netanyahu's cabinet approved the
budget proposal for 2009-2010.

Energy: PetroChina stands apart from weak energy stocks

Date: 13 MAY 2009 14:23:37 GMT

As talk of PetroChina stepping into the oil and gas arena to
potentially buy up assets buzzes through the energy sector, energy
stocks move down sharply alongside a big drop in the broad market.

Energy: Oil approaches $60 a barrel as China imports rise

Date: 12 MAY 2009 12:58:58 GMT

Crude futures approach $60 a barrel, up more than 2% in early action,
as energy traders play off data showing China's crude imports for
April to have jumped nearly 14% from a year ago.

Energy: Renewable Energy triples production of biodiesal

Date: 12 MAY 2009 16:56:19 GMT

Renewable Energy Group on Tuesday said it reached an agreement with
its shareholders to take control of a total of 152 million gallons a
year in production as it moves to become a pure-play leader in the
business of turning vegetable oil and animal fat into diesel fuel.

Fwd: Energy: Crude falls as excessive inventories weigh

Date: 11 MAY 2009 13:26:27 GMT

Crude-oil futures decline on Monday for the first session in four on
worries that the recent rally will be reversed by rising oil
inventories.

Stocks fall at open, led by financial shares, amid concerns about banks rushing to raise capital to repay TARP. Dow sinks 100 points.

Date: Mon, 11 May 2009 09:33:04 -0400

Stocks fall at open, led by financial shares, amid concerns about
banks rushing to raise capital to repay TARP. Dow sinks 100 points.

All 30 Dow stocks in red as blue-chip index falls 140 points

Date: Mon, 11 May 2009 09:49:06 -0400

All 30 Dow stocks in red as blue-chip index falls 140 points
5/11/2009 9:47:11 AM EDT

Dow industrials finish up 165 points Friday, record 4% gain on the week

Date: Fri, May 8, 2009 at 4:12 PM

Dow industrials finish up 165 points Friday, record 4% gain on the week
5/8/2009 4:07:25 PM EDT

Breaking News: Pace of layoffs slowed in April

Date: Fri, 08 May 2009 08:00:36 -0500

WASHINGTON (AP) - The pace of layoffs slowed in April when employers
cut 539,000 jobs, the fewest in six months. But the unemployment rate
climbed to 8.9%, the highest since late 1983, as many businesses
remained wary of hiring given all the economic uncertainties.

Energy: Compact fluorescent bulbs hit a wall, LEDs beckon

Date: 8 MAY 2009 14:10:54 GMT

As sales of pricy compact fluorescent bulbs slow, the lighting
industry is sharpening its focus on light emitting diodes.

Breaking News Fri., May 8, 2009

Date: Fri, 08 May 2009 05:54:02 -0700 (PDT)

Employers Shed 539,000 Jobs in April; Unemployment Rate Jumps to 8.9
Percent [8:33 a.m. ET]

Energy: China Resources Power added to Hang Seng Index

Date: 8 MAY 2009 14:03:25 GMT

HONG KONG
Electric utility group China Resources Power Holdings Co. will be
added to the Hang Seng index while sneaker maker Yue Yuen Holdings
Ltd. will be removed, the compiler of the index, Hang Seng Indexes Co.
said in a statement Friday.

Energy: Sector taps into rise in oil prices as shares gain

Date: 7 MAY 2009 14:11:16 GMT

Energy stocks rose as the earnings parade continued Thursday with
Anadarko Petroleum, Rowan Cos. and others all climbing.

Stocks in focus for Thursday

Date: 6 MAY 2009 23:38:12 GMT

Among the companies whose shares are expected to see active trade in
Thursday's session are Allstate, CBS and General Motors.

Energy: Crude tops $55 mark ahead of U.S. inventories

Date: 6 MAY 2009 13:54:23 GMT

Crude futures reclaim the $55 mark, gaining as a petroleum industry
group reported U.S. crude inventories fell last week and as a weaker
dollar gives a boost to dollar-denominated oil prices.

Energy: Energy stocks rise, led by Transocean, XTO

Date: 6 MAY 2009 14:02:09 GMT

Energy stocks brushed aside woes in the financial sector and rose
with the broad market on a positive weekly unemployment claims figure
on Wednesday.

Energy: Energy stocks retreat as Chesapeake misses mark

Date: 5 MAY 2009 15:02:07 GMT

As energy stocks trade broadly lower, the weakness is most pronounced
among shares of natural-gas providers such as Chesapeake Energy.
Lackluster financial results are the culprit.

Australia holds policy interest rate steady, as expected

Date: Tue, 05 May 2009 00:35:04 -0400

Australia holds policy interest rate steady, as expected
5/5/2009 12:33:10 AM EDT

Energy: Sector rises as oil pushes past $53 a barrel

Date: 4 MAY 2009 14:37:31 GMT

Chevron, ExxonMobil and Valero are big gainers in early action among
energy stocks as oil prices surge.

Energy: Oil falls on worries over inventories, U.S. banks

Date: 4 MAY 2009 13:33:08 GMT

Crude-oil futures fall below $53 a barrel, coming on the heels of
three-session winning streak, amid worries over excessive buildup in
U.S. energy inventories as well as fears over what
government-administered "stress tests" may indicate for the U.S.
banking industry.

FDIC seizes control of Silverton Bank, a wholesale bank with $4.1 billion in assets that serves 1,400 client banks in 44 states.

Date: Fri, 1 May 2009 16:18:08 -0400

FDIC seizes control of Silverton Bank, a wholesale bank with $4.1
billion in assets that serves 1,400 client banks in 44 states.

Chrysler posts April U.S. sales skid of 48%; Ford, GM sales down about one-third

Date: Fri, 01 May 2009 14:59:34 -0400

Chrysler posts April U.S. sales skid of 48%; Ford, GM sales down about one-third
5/1/2009 2:57:31 PM EDT

Results of U.S. bank stress tests to be released Thursday: report

Date: Fri, 01 May 2009 11:06:16 -0400

Results of U.S. bank stress tests to be released Thursday: report
5/1/2009 11:04:17 AM EDT

Oil, gas stocks start May with modest gains

Date: 1 MAY 2009 14:28:36 GMT

NEW YORK
Energy stocks kicked off the month of May with gains in early action
on Friday, despite flat-to-lower action in the broad market.