Oil ends at lowest price in six weeks, $64.05 a barrel, as weak
economic data stifles hope that the economy is rebounding.
Monday, July 6, 2009
Oil ends at lowest price in six weeks, $64.05 a barrel, as weak economic data stifles ...
Crude falls 4% to six-week low on economic worries
Crude-oil futures touch a six-week low as investors worry about the global
economy.
INDEX INVESTORS HIKE STAKE IN OIL AS PRICES RISE
Big pension and endowment funds that invest in commodities are loading
up on crude, regulatory data show.
HOW MARKETWATCH ESTIMATED INDEX INVESTORS' HOLDING
In order to determine that index investors, such as big pension funds,
have increased their holdings in oil this year, MarketWatch used
publicly available data on their holdings in other commodities and the
make-up of two major commodities indexes that include oil.
UTILITIES IN PLAY AS STOCK INVESTORS TURN SKITTISH
The utility sector, bashed by stock investors until recently, is getting
another look as markets turn increasingly defensive in re-evaluating the
economic recovery still ahead.
SOCGEN SEES SMALL PROFIT AFTER $1.8 BLN CHARGE
French bank Societe Generale on Monday expects to report a small
profit in the second quarter as a solid performance in corporate and
investment banking was largely offset by around 1.3 billion euros
($1.8 billion) of write-downs and tighter credit spreads.
Crude falls 4% to six-week low on economic worries
Crude-oil futures touch a six-week low as investors worry about the global
economy.
INDEX INVESTORS HIKE STAKE IN OIL AS PRICES RISE
Big pension and endowment funds that invest in commodities are loading
up on crude, regulatory data show.
HOW MARKETWATCH ESTIMATED INDEX INVESTORS' HOLDING
In order to determine that index investors, such as big pension funds,
have increased their holdings in oil this year, MarketWatch used
publicly available data on their holdings in other commodities and the
make-up of two major commodities indexes that include oil.
UTILITIES IN PLAY AS STOCK INVESTORS TURN SKITTISH
The utility sector, bashed by stock investors until recently, is getting
another look as markets turn increasingly defensive in re-evaluating the
economic recovery still ahead.
SOCGEN SEES SMALL PROFIT AFTER $1.8 BLN CHARGE
French bank Societe Generale on Monday expects to report a small
profit in the second quarter as a solid performance in corporate and
investment banking was largely offset by around 1.3 billion euros
($1.8 billion) of write-downs and tighter credit spreads.
Energy: Stock futures point lower, oil prices slide
U.S. stock-market futures drop following the holiday weekend, with oil
prices falling sharply as hopes for an economic rebound continue to
sag.
Friday, July 3, 2009
Energy: Gasoline ETF may ease pain at the pump
Families who pack up the car this Fourth of July weekend will spend
much less on gasoline than last year -- prices are down by more than a
third from last summer. But when it comes to fueling your investment
portfolio, a specialized exchange-traded fund may hedge against
unwelcome oil-price spikes.
Thursday, July 2, 2009
Crude oil falls nearly 4%, closing at $66.73 a barrel
Crude oil falls nearly 4%, closing at $66.73 a barrel
7/2/2009 3:11:26 PM EDT
Energy: Energy stocks cave in to weak jobs report
Energy stocks staged a bearish start on Thursday following a
worse-than-expected monthly U.S. jobs report, lower crude prices and
criticism over BP's bid to develop oil fields in Iraq.