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TUESDAY, NOVEMBER 24, 2009
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NEWS ABOUT: oil prices

oil prices stories: 126 news summaries

41 - 60 of 126 Stories | << Prev 1 2 3 4 5 6 7 Next >>

MARKETS

 Dow Down 245 on Jobs 

Investors nervous ahead of Friday's December employment report

(Newser) - Stocks piled on after this morning’s losses, with investors shaken by a grim jobs report and news of layoffs and slashed forecasts at Alcoa and Intel. Crude plunged $5.95, to $43.01 a barrel, after inventories rose more than forecast, MarketWatch reports. The Dow fell 245.40 to... More »

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Intel Dow Jones Alcoa unemployment Nasdaq S&P 500 job oil prices financial crisis Satyam

MARKETS

 Dow Rises 62 Despite Data  

Oil futures end a four-day rally

(Newser) - Stocks failed to hold on to session highs but made gains today amid a series of dismal, if not unexpected, economic reports. Oil futures ended a four-day rally, falling $0.23 to $48.59 a barrel after briefly topping $50, Marketwatch reports. The Dow added 62.21 points to close... More »

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Dow Jones Nasdaq manufacturing S&P 500 manufacturing index existing-home sales oil prices

MARKET Open

 Stocks Hop, Oil Leaps 

Dow rise modest, oil rise fo' real

(Newser) - Stocks turned upward at the open today, as traders hunted for bargains and signs of a recovery. The Dow rose 80 points, while the S&P and Nasdaq climbed 1% and 0.9% respectively. Oil, meanwhile, jumped $1.22 to $50.03 as a dispute between Gazprom and the Ukraine... More »

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stock market New York Stock Exchange Nasdaq Dow S&P 500 oil prices

MARKETS

Dow Dips 81 on Autos, Building 

Several wireless and financial firms fall after downgrades

(Newser) - Stocks fell today as the markets digested poor, but better-than-forecast, reports in auto sales and construction spending, the Wall Street Journal reports. Though the Dow rose to an 8-week high Friday, it fell 81.80 today to close at 8,952.89. The Nasdaq lost 4.18, closing at 1,... More »

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energy Verizon Dow Jones Nasdaq auto industry wireless service wireless industry S&P 500 AT&T oil futures oil prices

MARKETS

 Dow Clears 9,000 to Open '09 

Market discounts poor manufacturing report

(Newser) - Stocks rallied in the first session of 2009, with energy stocks leading advances on a jump in crude oil prices, MarketWatch reports. GM rose after announced changes to GMAC policy expected to give prospective buyers more financing options. In light trading volume, the Dow climbed 258.30 points to close... More »

MARKET Open
(Newser) - Stocks started the new year with a whimper, opening flat in the first trading session of 2009. The Dow rose 26 points, while the S&P and Nasdaq saw 0.3% and 0.2% gains. Many traders were watching oil, which fell $3 today after a 14% surge on Wednesday.... More »

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stock market NASDAQ Dow S&P 500 oil prices

MARKETS

 Dow Drops 32; Crude Rises 

Rohm & Haas, Dow Chemical fall on scuttled Kuwait deal

(Newser) - Stocks saw light losses today as news of trouble in Rohm & Haas’ acquisition of Dow Chemical hurt materials and crude staged a comeback on renewed Middle East tension, MarketWatch reports. The Dow closed down 31.62 points at 8,483.93. The Nasdaq fell 19.92 to close at... More »

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Exxon Gaza Dow Jones Nasdaq DuPont Dow Chemical Co. S&P 500 oil prices Rohm & Haas

MARKET Open

 Stocks Flat as Oil Surges 

Case Schiller likely to throw this out of whack later

(Newser) - Oil prices soared this morning, as Middle East tensions reached a fever pitch, but stocks barely budged, with the Dow rising a mere 1.83 points, while the Nasdaq and S&P moved up 0.44 and 5.18 respectively. Oil rose above $40 thanks to Israel’s dramatic attacks... More »

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Oil Tops $40
on Gaza Turmoil

Crude jumps 8% on violence, while OPEC waits for production cut to take hold

(Newser) - The price of oil jumped to $40 a barrel this morning, a gain of 8% over the previous session, as violence between Israel and Hamas threatened to destabilize crude supplies from the Middle East. Oil has been rising slightly after falling by more than $100 a barrel since July. The... More »

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Israel Gaza Hamas OPEC oil price oil prices

MARKETS

 Dow Gains 47 in Light Trading 

Dow up 47; GM advances after GMAC decision

(Newser) - Stocks edged higher today on very thin post-holiday trading volume, with energy firms seeing a boost from crude-oil prices that broke a 4-day losing streak, MarketWatch reports. The Dow gained 47.07 to close at 8,515.55. The Nasdaq climbed 5.34, settling at 1,530.24, and the... More »

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Exxon Dow Jones General Motors Nasdaq S&P 500 oil prices TARP

MARKET Open

 Stocks Get Post-Holiday Bump 

Dow up mildly on light trading

(Newser) - Stocks saw a modest uptick this morning, despite a consumer spending report seemingly designed to puncture post-holiday cheer. The Dow rose 40.93 points, while the S&P and Nasdaq added 3.86 and 5.81, respectively. But volume was extremely low, as many Wall Street denizens took the day... More »

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stock market Nasdaq Dow retail sales S&P 500 Amazon oil prices

MARKETS

 Oil Skids; Dow, Off 219, Follows 

Weak data, contract expirations stoke selloff

(Newser) - Stocks fell today as oil futures declined, the jobs picture remained grim, and two of the Detroit’s Big Three announced production stops due to lack of funds, MarketWatch reports. The imminent expiration of options and futures contracts also bedeviled the markets, and the Dow closed down 219.35 at... More »

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Chrysler Exxon Chevron Dow Jones General Motors Nasdaq S&P 500 oil prices

(Newser) - OPEC has approved a cut in output of 2.2 million barrels of crude a day, the largest reduction ever, MSNBC reports. The consortium believes that stabilizing prices now by decreasing supply will guard against a price spike when consumer confidence increases. OPEC’s monthly report predicts that demand will... More »

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OPEC recession crude oil oil production oil prices gasoline prices economic downturn reduction

MARKETS

 Bank Woes Push Dow Down 196 

JPMorgan Chase, Bank of America, Citigroup all see big drops

(Newser) - The markets slid today as JP Morgan’s CEO made pessimistic comments about home prices, the Wall Street Journal reports. Adding to investor malaise was a Labor Department report that unemployment insurance claims are at a 26-year high, and continued uncertainty about the Detroit bailout. The Dow was down 196.... More »

Global Demand for Oil Expected to Plummet

Consumption will drop in consecutive years; first time in 3 decades

(Newser) - The price of oil continued its descent today, settling at $42.07 a barrel amid new signs of collapsing demand worldwide, the Financial Times reports. Global consumption will shrink by 50,000 barrels a day in 2008 and by a whopping 450,000 barrels a day in 2009, the Energy... More »

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OPEC energy costs Big Oil oil prices oil demand

MARKETS

 Dow Up 299 on Stimulus, Autos 

Industries likely to benefit from Obama building plan see gains

(Newser) - Stocks rallied today, led by automakers, which look ever likelier to get a federal bailout, and industrial firms expected to benefit from President-elect Barack Obama’s proposed public-works programs, MarketWatch reports. The Dow gained 298.76 to close at 8,934.18. The Nasdaq rose 62.43, closing at 1,... More »

Oil Prices Plunge
to 5-Year Low 

OPEC expected to slash production to push up prices

(Newser) - Oil prices continue to plunge as demand slackens amid the global economic downturn. Oil has dropped 19% drop this week, the biggest weekly decline in five years, reports Bloomberg. Prices have tumbled 70% since reaching a record $147.27 in July, and  some predict prices may dip as low as... More »

ANALYSIS

Not Yet Sworn In, and Already Flip-Flopping?

Blogger: Obama's backing off promise to tax oil companies

(Newser) - Barack Obama vowed on the campaign trail to slap oil companies with a windfall tax, but, blogs Kevin Drum at Mother Jones, it might've all just been old-fashioned populist bluster that's led to Obama’s first breach of a campaign promise. The American Small Business League has noted, and decried,... More »

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Analysis
(Newser) - After 10 years in power, Hugo Chavez is as blustery as ever. He’s predicted the end of “the evil capitalist mode,” told the IMF to “commit suicide,” and this week invited Dmitry Medvedev and a flotilla of Russian warships down for joint exercises. But beneath... More »

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Latin America Venezuela Hugo Chávez oil prices

MARKETS

 Dow Plummets 400+ Again 

Hopes dim for auto industry bailout

(Newser) - Stocks continued yesterday’s slide today as Congress dashed hopes for quick aid to the Detroit automakers, MarketWatch reports. Henry Paulson also undermined investor confidence by again changing the terms of TARP. The Dow fell 444.99 points to close at 7,552.29. The Nasdaq shed 70.30, closing... More »

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Citigroup Dow Jones General Motors Henry Paulson Nasdaq S&P 500 oil prices Troubled Asset Relief Program

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