Crude-oil futures trade higher, moving above $54 a barrel in early
dealings, as market participants factor in U.S. economic data as well
as the latest update on petroleum inventories.
Thursday, March 26, 2009
Energy: Oil rises 3% on better-than-expected economic data
Geithner to propose major regulatory reform Thursday: reports
Geithner to propose major regulatory reform Thursday: reports
3/25/2009 11:37:46 PM EDT
Wednesday, March 25, 2009
Dow industrials finish up 1% after stocks' day-end surge
Dow industrials finish up 1% after stocks' day-end surge
3/25/2009 4:04:38 PM EDT
Energy: Toronto stocks tumble, taking cue from Wall Street, oil
Canadian stocks take the lead from their U.S. counterparts, initially
making a strong advance on a pair of surprisingly positive U.S.
economic reports but then reversing after Wall Street runs out of
steam.
Energy: Oil futures fall on expectations of rising supplies
Oil futures fall nearly 3% early Wednesday, pressured by expectations
that government data will show an increase in U.S.-crude inventories.
Tuesday, March 24, 2009
Energy: McKinsey study warns of oil price spike as early as next year
As oil producers, natural gas companies and oil drillers lay off
workers and scale back capital spending in the face of the recession
and the global credit crunch, these actions may soon contribute to
another price spike in oil, a report by the McKinsey Global Institute
said Tuesday.
Energy: Crude falls on expectation U.S. inventories rose
Crude-oil futures move lower to start, falling from their highest
level in nearly four months on Monday. Expectations are that
government data to be reported Wednesday will show higher U.S. crude
inventories for last week.