Oil jumps in Asia as Ike threatens Gulf of Mexico Today 2:17 AM EST

Oil prices jumped Monday in Asia as Hurricane Ike looked poised to slam into the Gulf of Mexico later this week, delaying efforts to bring oil and gas production back online in a region still recovering from Hurricane Gustav. Read more

Operator says Dubai oil rig remains shuttered Sep 07, 2008 2:18PM

The operator of the oil rig involved in last week's deadly helicopter accident off the Dubai coast said production remained halted on the platform Sunday. Read more

Final Glance: Oil companies Sep 05, 2008 6:03PM

Shares of some top oil companies were down at the close of trading: Chevron fell $1.00 or 1.2 percent, to $80.22. Read more

ATP Oil & Gas says Gustav did not cause major harm Sep 05, 2008 3:23PM

ATP Oil & Gas Corp. said Friday that its Gulf of Mexico operations were not significantly harmed by Hurricane Gustav. Gustav made landfall in southern Louisiana Monday and was widely feared to mirror the damage caused by 2005's Hurricane Katrina. However, the storm's effect turned out to be less tha... Read more

Lukoil: BP-TNK deal good for foreign investors Sep 05, 2008 2:42PM

An agreement putting to rest a bitter fight between Britain's BP and Russian investors over a joint-venture shows that foreign companies can invest with confidence in Russia's energy sector, a top official with Russia's biggest independent oil producer said Friday. Read more

Of Bubbles and Bottoms and Various Kinds of Sniffing Sep 05, 2008 2:38PM

Gold prices rode wildly, and over a wide, near-$30 range in the time elapsed since yesterday at this time. On the very anniversary of the jobs report that sparked the Fed's non-stop rate cutting campaign one year ago, the markets got another employment diagnosis to remember. Read more

Midday Glance: Oil companies Sep 05, 2008 2:04PM

Shares of some top oil companies are down at noon: Chevron fell $1.62 or 2.0 percent, to $79.60. Read more

Early Glance: Oil companies Sep 05, 2008 10:49AM

Shares of some top oil companies are down at 10 a.m.: Chevron fell $.49 or .6 percent, to $80.73. Read more

Winged Fall Migration Sep 05, 2008 10:03AM

Over the past four days, global investors took flight like our common loon does in the fall, and they sent world markets of various kinds reeling. Their flight is no longer one headed towards other assets or safe havens; it is merely a plain flight for the exit signs. Read more

Ahead of the Bell: Goldman rejiggers oil ratings Sep 05, 2008 9:02AM

Citing a preference for service companies linked to oil, as opposed to natural gas, Goldman Sachs on Friday rejiggered a list of stocks it's recommending and issued a fresh batch of rating upgrades and downgrades. Read more
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