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THURSDAY, NOVEMBER 26, 2009
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NEWS ABOUT: oil price

oil price stories: 186 news summaries

81 - 100 of 186 Stories | << Prev 1 2 3 4 5 6 7 8 9 10 Next >>

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 Feds Hunt for Scams
 in Crude Oil Trading 

Speculators may be driving up crude by manipulation

May 30, 08 7:55 AM CDT
(Newser) - Federal regulators are investigating whether rocketing oil prices are being driven up by speculators manipulating futures markets, reports the Wall Street Journal. The nationwide probe involves several separate investigations. Authorities suspect that a widely used price reporting system may be artificially influenced and that some oil storage facilities may be... More »

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insider trading • futures market • gas prices • oil price • Commodity Futures Trading Commission • New York Mercantile Exchange • Financial Services Authority • jet fuel • Bart Chilton • oil industry • Platts • McGraw-Hill • oil futures • Intercontintental Exchange

Restaurants' Used Grease Draws Thieves

Once scorned, it's 'become gold'; can be turned into biodiesel

May 30, 08 7:40 AM CDT
(Newser) - For decades restaurants have thrown away their used cooking grease without a second thought; now, they’re trying to protect it from thieves. Almost anyone can convert the yellow grease into cheap biodiesel using kits sold on the internet, and restaurant oil bins have become go-to destinations for everyone from... More »

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theft • biofuel • restaurant • oil price • cooking oil • grease

MARKETS

 Oil Plunges; Stocks Gain 

Markets shake off steep decline in housing prices

May 27, 08 3:31 PM CDT
(Newser) - The markets pulled out modest gains today on plunging oil prices, despite housing price indices that showed the biggest drop in 20 years, the Wall Street Journal reports. The Dow ended up 68.72 at 12,548.35, the Nasdaq up 36.57 at 2,481.24, and the S&... More »

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stock market • oil price • housing sales • housing crisis

 Cops Can't Afford
 Gas Prices Either 

Bike patrols get popular to save at the pump

May 26, 08 7:25 PM CDT
(Newser) - With gas prices near $4 a gallon, more US police are saving money by peddling around, the AP reports. One cop shop in Bedford, Va., for example, has saved up to 400 gallons of fuel per month by buying just 8 bikes. But the two-wheelers don't come cheap: With crime-stopping... More »

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police • gas prices • oil price • bicycle • police department

Speculators to Blame for Soaring Oil: Soros

'Bubble' will burst when both US and UK are in recession

May 26, 08 4:40 AM CDT
(Newser) - Billionaire investor George Soros blames soaring oil prices that reached a record $135 a barrel last week largely on speculation that’s causing a “bubble” in numbers, the Daily Telegraph reports. The weak US dollar, slipping Middle East oil supply, and rising Chinese demand all play a role, but... More »

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recession • gas prices • oil price • George Soros

ANALYSIS

High Gas Prices Give Economy a Headache

Main Street and Wall Street finally admit financial pain

May 24, 08 3:52 PM CDT
(Newser) - Oil prices gushed for 5 years, but the US economy remained blissfully unaffected—until now, the Los Angeles Times reports. Rising gas prices have finally spooked consumers and sparked ominous news from two major airlines, Ford, and even memory card maker SanDisk. “The economic outlook has been taken... More »

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United Airlines • Ford • American Airlines • US economy • gas prices • oil price • drivers

 Airlines Hike Ticket Prices 

United raises prices by up to $60; American, Delta follow its lead

May 24, 08 11:05 AM CDT
(Newser) - The big three US airlines responded to soaring oil prices by boosting most domestic prices by up to $60 roundtrip in the last few days, the AP reports. United led the way with increases from $10 to $60 Thursday; American and Delta followed suit yesterday. Meanwhile, low-cost AirTran raised its... More »

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airline industry • Delta Air Lines • United Airlines • American Airlines • oil price • airline ticket prices • fuel costs

 Airline Business Model
Won't Work With $130 Oil 

Analysts say current model won't work at $130 a barrel

May 23, 08 10:40 AM CDT
(Newser) - The airline industry as we know it can’t function on $130-a-barrel oil, industry analysts are saying, and cost-cutting, ticket price increases, and bag-check fees won't make it viable. The Dallas Morning News looks at how hopeless it is for airlines to come anywhere near break-even at current costs, noting... More »

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airline industry • merger • airline • American Airlines • oil price • airline ticket prices

MARKETS

 Meager Gains as Oil Retreats 

Drop in jobless claims encourages investors, but it's a 'one-story market'

May 22, 08 3:35 PM CDT
(Newser) - Stocks eked out small gains after two days of big losses as surging oil pulled back from a new record of $135 per barrel to $131.79, the Wall Street Journal reports. The Dow rose 24.43, closing at 12,625.62, while the Nasdaq climbed 16.31 to settle... More »

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stock market • NASDAQ • Dow Jones • Nasdaq • oil price • S&P 500

Sharp Decline Seen in
Future Oil Supplies 

Industry may require massive cash infusion to keep up with demand: analyst

May 22, 08 11:50 AM CDT
(Newser) - The international agency that monitors oil supplies is preparing a very pessimistic forecast of future capacity, the Wall Street Journal reports, one that heightens worries over whether producers will be able to keep pace with exploding demand for oil. The International Energy Agency, whose previous models showed steady—and predictable—... More »

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solar energy • oil price • crude oil • oil production • oil supply

Oil Rockets to $135 on Surprise Supply Decline

Unexpected decline in US oil and gasoline supplies sparks surge

May 22, 08 6:11 AM CDT
(Newser) - A surprise 5.32 million barrel decline in US crude oil stockpiles prompted oil prices to surge past a record $135 a barrel in after-hours New York trading this morning, extending oil's runup to 19% this month, reports Bloomberg. The Energy Department also said yesterday that gasoline stockpiles had declined... More »

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futures contracts • gas prices • oil price • crude oil • oil reserves

MARKETS

 Oil, Fed Leave
 No Grins,
 Just Bears 

Fed minutes confirm expectations of higer inflation, slower growth

May 21, 08 3:37 PM CDT
(Newser) - Oil prices kept on pummeling the markets today, and minutes from the Fed's most recent meeting confirmed warnings of higher inflation and lower growth—signaling a pause in rate cuts. "The rise in energy products is going to be the knell for consumer spending," one analyst tells the... More »

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stock market • Federal Reserve • oil price

American Cuts Flights, Will Charge $15 for First Bag

Airline industry 'not built to withstand oil prices at $125 a barrel,' CEO says

May 21, 08 11:01 AM CDT
(Newser) - American Airlines is cutting flights, jobs, and carrying capacity in its effort to withstand skyrocketing oil prices, the company announced today—and it's adding a $15 fee for some customers' first checked bag. US capacity could fall 12% as up to 85 planes are retired, the Wall Street Journal reports.... More »

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airline industry • American Airlines • oil price • fuel costs • jet fuel

 Military at War With
 Rising Fuel Costs 

Pentagon, with hefty budget worries, trying synthetic, greener options

May 21, 08 10:12 AM CDT
(Newser) - Fuel costs are hitting the US military harder than most, the Wall Street Journal reports, and it's moving forward with efforts to switch to synthetic, and greener, alternatives. Chugging 340,000 barrels of oil per day, the military is the nation's largest consumer; synthetic fuels and massive solar arrays are... More »

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Pentagon • gas prices • oil price • military spending • synthetic fuel

 Oil Tops $130 

Supply concerns drive crude

May 21, 08 8:30 AM CDT
(Newser) - Oil set yet another record today, with prices hitting $130.47 a barrel in electronic trading in Asia and Europe, the AP reports, on supply concerns and renewed worries about the dollar. Crude closed at $128.98 in the last New York Mercantile Exchange session. Oil futures have roughly doubled... More »

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oil • futures market • oil price • crude oil • US dollar • New York Mercantile Exchange

MARKETS

 Oil, Inflation Wallop Stocks 

Researcher: 'All the long-term indicators we look at are sending a bearish message'

May 20, 08 3:27 PM CDT
(Newser) - The Dow plunged nearly 200 points today as markets were swamped by soaring oil prices and inflation fears. "All the long-term indicators we look at are sending a bearish message," an investment researcher told the Wall Street Journal. The Dow ended down 199.48 to 12,828.68,... More »

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inflation • stock market • oil price

MARKETS

 Whoops! Big Rally Falls Flat 

Stocks end mixed as oil sets a record

May 19, 08 3:34 PM CDT
(Newser) - Stocks ended mixed today, as an early rally slipped away and oil prices hit yet another record. "There are still a lot of reasons you wouldn't want to touch the market with a 10-foot pole right now," one trader told the Wall Street Journal. The Dow ended up... More »

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stock market • oil price

OPINION

 Bush, Stop Begging the Saudis 

Don't publicly ask for oil favors you won't get, WSJ writes

May 17, 08 1:23 PM CDT
(Newser) - Whichever adviser sent President Bush to plead with the Saudi king to help bring down oil prices should be canned, the Wall Street Journal opines. Bush had the same request turned down during a visit in January, and the rebuff is even more humiliating the second time around. If Bush... More »

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Ben Bernanke • Saudi Arabia • King Abdullah • oil price • oil production • George W. Bush

 Saudis Won't Budge on Oil 

Leaders again dismiss Bush request for help reining in US gas prices

May 16, 08 6:26 PM CDT
(Newser) - Saudi Arabia's leaders today denied a request from visiting President Bush that they boost oil production to help ease rising gas prices, the AP reports. "Supply and demand are in balance today," the kingdom's oil minister said, with the commodity pushing $128 per barrel. "How much does... More »

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Saudi Arabia • oil price • oil production • George W. Bush

MARKETS

 Oil Surges; 
 Markets Record 
 Weekly Gains 

Consumer confidence hits 28-year low

May 16, 08 3:27 PM CDT
(Newser) - Stocks fell, then climbed back almost to opening levels today to wrap up a generally strong week. Yet another record oil price—almost $128 a barrel—drove early losses, and a report of the lowest consumer-confidence rating in 28 years did not help. The Dow closed down 5.86 at... More »

MORE ABOUT:
oil • housing market • Dow Jones • consumer confidence • Nasdaq • oil price • S&P 500 • consumer confidence index

81 - 100 of 186 Stories | << Prev 1 2 3 4 5 6 7 8 9 10 Next >>


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