Dow slumps 80 points as falling oil prices and weak consumer
confidence knock the wind out of stocks.
Tuesday, June 30, 2009
Dow slumps 80 points as falling oil prices and ...
Date: Tuesday, June 30, 2009
Energy: 'Cap and trade' faces uphill climb in Senate
Date: Tuesday, June 30, 2009
President Barack Obama's energy bill faces a steep uphill climb in the
Senate, where passage of a controversial 'cap-and-trade' is by no
means a sure thing, despite the win last week in the House.
Monday, June 29, 2009
Oil rises $2.33 to close at $71.49 a barrel as turmoil ...
Date: Monday, June 29, 2009
Oil rises $2.33 to close at $71.49 a barrel as turmoil in Nigeria
raises supply concerns.
Energy: Oil rally boosts energy sector
Date: Monday, June 29, 2009
Energy stocks pushed broadly higher, as more troubles in export-rich
Nigeria help crude-oil prices regain the $70-a-barrel level.
Sunday, June 28, 2009
Energy: China plans massive boost to oil reserves: report
Date: Sunday, June 28, 2009
China reportedly intends to increase its strategic crude-oil reserves
by 160% over the next five years.
Friday, June 26, 2009
House passes historic 'cap-and-trade' energy bill by razor-thin 219-212 vote
Date: Friday, June 26, 2009
House passes historic 'cap-and-trade' energy bill by razor-thin 219-212 vote
6/26/2009 7:27:00 PM EDT
Dow drops 38 points; most U.S. stocks fall for second straight week
Date: Friday, June 26, 2009
Dow drops 38 points; most U.S. stocks fall for second straight week
6/26/2009 4:15:40 PM EDT
Thursday, June 25, 2009
Energy: Obama urges lawmakers to pass energy bill
Date: Thursday, June 25, 2009
President Barack Obama urges lawmakers to approve a sweeping energy
bill that would set up a system for slashing greenhouse gases and
boost renewable energy, and that he says will create jobs and wean
Americans off of foreign sources of energy.
Energy: Nike, AIG, Lennar in the spotlight
Date: Thursday, June 25, 2009
U.S. stock market futures edged lower Thursday as figures showed an
unexpected rise in first-time unemployment claims and as the market
continued to focus on the Federal Reserve's stated worries over the
economy, but apparent dismissal of deflation concerns.
Oil falls as demand stagnates
Date: Wednesday, June 24, 2009
Crude futures falls in Asian trade, following a U.S. government report
showing refinery activity at a six-month high but petroleum demand
continuing to weaken.
Wednesday, June 24, 2009
Energy: Pricier crude prompts oil-refiner downgrades
Date: Wednesday, June 24, 2009
Oppenheimer analysts tone down expectations for oil refiners,
downgrading four stocks in the expectation that the sector will
struggle with weak demand and pricier crude oil into 2010.
Tuesday, June 23, 2009
Oil settles $1.74 higher to $69.24 a barrel
Date: Tuesday, June 23, 2009
Oil settles $1.74 higher to $69.24 a barrel after closing Monday at a
two-week low.
Energy stocks get analyst lift after stumble
Date: Tuesday, June 23, 2009
Energy stocks rose out of the gate after big losses in the previous
session, with analysts issuing upbeat comments on oil majors Chevron
and ConocoPhillips.
Crude taps fresh three-week low under $67
Date: Monday, June 22, 2009
Crude-oil futures fall below $67 a barrel to a fresh three-week low in
electronic trading amid continued pressure from concerns over oil
demand.
Monday, June 22, 2009
OIl settles down $2.62 to $66.93 a barrel...
Date: Monday, June 22, 2009
OIl settles down $2.62 to $66.93 a barrel, its lowest level in two
weeks, after World Bank cuts its economic growth outlook.
Oil services lead big losses amid broad weakness
Date: Monday, June 22, 2009
Oil-service shares lead significant losses in the energy sector to
start the week, marking a lackluster start to the summer amid a
pullback in prices for crude oil.
Sunday, June 21, 2009
Dutch Shell's facilities in Nigeria attacked
Date: Sunday, June 21, 2009
Royal Dutch Shell PLC says that a group of militants have, for a third
time, attacked its Nigerian oil facilities operated by a subsidiary.
Friday, June 19, 2009
Oil settles down $1.82 at $69.55 a barrel...
Date: Friday, June 19, 2009
Oil settles down $1.82 at $69.55 a barrel on indications of ample
supplies of gasoline.
Energy: Crude holds above $71 on Globex
Date: Friday, June 19, 2009
Crude-oil futures hold their ground firmly above the $71-a-barrel
level, moving modestly higher as traders gauge the prospects for oil
demand.
Thursday, June 18, 2009
Energy: Study warns of cost overruns at proposed reactors
Date: Thursday, June 18, 2009
A new study warns the cost of building nuclear power plants will
likely hit the high end of current industry estimates of $5 billion to
$8 billion each, and that it would be cheaper for the U.S. to instead
focus on energy efficiency and alternative sources such as wind and
solar.
Energy stocks perk up; natural gas reserves grow
Date: Thursday, June 18, 2009
Energy stocks perk up despite lower oil prices as the Conference Board
reported a rise in May leading indicators in a sign that the recession
is losing steam.
Energy: Crude rises in Asia as U.S. supply tightens
Date: Thursday, June 18, 2009
Oil futures post modest gains, looking to extend strength from data
showing a bigger-than-expected drop in U.S. crude supplies and an
increase in gasoline demand.
Wednesday, June 17, 2009
Energy: Energy stocks lose ground
Date: Wednesday, June 17, 2009
Energy stocks sustain a broad-based pullback, with weekly data on U.S.
petroleum inventories and the action in crude-oil futures helping
color trading in sector.
Tuesday, June 16, 2009
Energy: Four firms to win nuclear-power financing: WSJ
Date: Tuesday, June 16, 2009
Four power companies are expected to split $18.5 billion in federal
financing to help build a new generation of nuclear reactors, The Wall
Street Journal reports.
Energy: Obama adviser says climate action needed soon
Date: 16 JUN 2009 19:38:28 GMT
A new report from government scientists points to the need for quick
action on climate change, a top adviser to President Barack Obama
says, including emissions reductions globally.
Energy: Oil futures extend losing streak to Globex
Date: 16 JUN 2009 04:14:40 GMT
Oil futures head lower, briefly falling below the $70-a-barrel level
after losing nearly 3% in the past two trading sessions in New York.
Monday, June 15, 2009
US Stocks In Sharp, Broad-Based Decline; DJIA Down 200 Points
Date: Mon, Jun 15, 2009 at 6:02 PM
US Stocks In Sharp, Broad-Based Decline; DJIA Down 200 Points
U.S. stocks and commodities suffered sharp, broad-based declines on
Monday as investors unwound some of the bets that pushed blue chips
into positive territory for the year-to-date last week. The Dow Jones
Industrial Average came into Monday's action up almost 23 points for
2009 but recently gave back more than 200 points, trading down 2.3% at
8593.16. All 30 of its components fell. Among the big losers were
Alcoa, down 6%; Boeing, down 4.4% and Wal-Mart Stores, down 2.5%. A
rebound in the dollar sparked a nearly across-the-board decline in
commodities, which are traded globally in dollar terms.
Sunday, June 14, 2009
Energy: Addax Pete gets C$8.83 bln Sinopec bid: report
Date: Sun, Jun 14, 2009 at 2:52 AM
Addax Petroleum Corp., owner of one of two operating oilfields in
Iraqi Kurdistan, has received a 4.8 billion pound (US$6.25 billion,
C$8.83 billion) proposal from Sinopec of China, the Times of London reports.
Saturday, June 13, 2009
Energy: Nigeria Militants Claim Attack On Chevron Pipeline
Date: Sat, Jun 13, 2009 at 11:58 AM
Nigerian militants say they had attacked Chevron Corp.'s pipelines,
the latest sabotage claim against the U.S. major since the start of an
offensive against the rebels.
Friday, June 12, 2009
Breaking News: Dow turns positive for the year
Date: Friday, June 12, 2009
The Dow Jones industrial average gained 28.34 points to close at
8,799.26 on Friday, moving into positive territory for the year for
the first time since early January.
Thursday, June 11, 2009
Energy: Oil climbs on Globex to just short of $72
Date: Thursday, June 11, 2009
Futures Movers - Oil climbs on Globex to just short of $72
World Health Organization set to raise swine-flu alert to highest level: reports
Date: Thursday, June 11, 2009
World Health Organization set to raise swine-flu alert to highest level: reports
6/11/2009 10:03:37 AM EDT
Wednesday, June 10, 2009
Major indexes end weaker, pressured by rising bond yields and crude prices
Date: Wednesday, June 10, 2009
Major indexes end weaker, pressured by rising bond yields and crude prices
6/10/2009 4:07:23 PM EDT
Oil settles at 7-1/2 month high of $71.33 a barrel, up $1.32.
Date: Wednesday, June 10, 2009
Oil settles at 7-1/2 month high of $71.33 a barrel, up $1.32.
Tuesday, June 9, 2009
Crude gains nearly 3% to close atop $70 a barrel
Date: Tuesday, June 9, 2009
BULLETIN: Crude gains nearly 3% to close atop $70 a barrel
6/9/2009 3:06:08 PM EDT
Energy: Oil climbs but still below $69
Date: 9 JUN 2009 04:53:56 GMT
Oil futures edge higher in electronic trading, finding support from a
weaker dollar as traders gauged the prospects for this week's data on
U.S. petroleum inventories.
Monday, June 8, 2009
U.S. stocks stage retreat; Dow industrials off as much as 125 points in opening hour
Date: Monday, June 8, 2009
U.S. stocks stage retreat; Dow industrials off as much as 125 points
in opening hour
6/8/2009 10:43:04 AM EDT
Thursday, June 4, 2009
Energy: Stocks up in Toronto, BOC leaves rates unchanged
Date: Thursday, June 4, 2009
Canada's benchmark index rises on gains in gold and energy sectors,
while the Bank of Canada leaves its target overnight rate near zero
and said it expects to hold to that level until later next year.
Wednesday, June 3, 2009
U.S. stocks finish lower after four days of gains; energy drags down Dow
Date: Wednesday, June 3, 2009
U.S. stocks finish lower after four days of gains; energy drags down Dow
6/3/2009 4:13:22 PM EDT
Oil falls $2.43 to settle at $66.12 after a weekly government report says crude supplies rose unexpectedly.
Date: Wednesday, June 3, 2009
Oil falls $2.43 to settle at $66.12 after a weekly government report
says crude supplies rose unexpectedly.
Monday, June 1, 2009
Oil surges $2.27 to settle at $68.58 a barrel as stock market rallies. Dow up over 200 points with about an hour of trading left.
Date: Monday, June 1, 2009
Oil surges $2.27 to settle at $68.58 a barrel as stock market rallies.
Dow up over 200 points with about an hour of trading left.
Breaking News: GM files for bankruptcy protection
Date: Monday, June 1, 2009
It's official: General Motors has filed for bankruptcy protection as
part of an Obama administration plan to shrink the automaker to a
sustainable size and give a majority ownership stake to the federal
government.
It's official: General Motors has filed for bankruptcy protection as
part of an Obama administration plan to shrink the automaker to a
sustainable size and give a majority ownership stake to the federal
government.
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