Gasoline pumps have been labeled as Regular, Midgrade, and Premium based on octane rating for many years, but modern gasoline formulations have many other attributes. Performance and emissions standards that govern how gasoline is made, which have varied over time and by location, affect the production cost of gasoline and its retail price.
Oil reversed early losses on Wednesday to leap back toward $71 a barrel, as data showing oil demand could be recovering in the United States outweighed doubts about the strength of the global economy.
Oil reversed early losses on Wednesday to rise back toward $70 a barrel, as data showing oil demand is recovering in the United States outweighed doubts about the strength of the global economy.
Oil fell below $69 a barrel on Wednesday, at one stage losing more than $1, after a near 5 percent slump in Chinese shares sent doubts rippling through global markets about the strength of the world economic recovery.
Oil fell below $69 a barrel on Wednesday after a near 5 percent slump in Chinese shares sent doubts rippling through global markets about the strength of the world economic recovery.
Oil fell toward $69 on Wednesday, after surging more than 3 percent in the previous session on data that showed a surprise fall in U.S. crude stocks, boosting hopes of demand recovery in the world's top energy user.
Oil extended gains toward $70 on Wednesday, after surging more than 3 percent in the previous session on data that showed a surprise fall in U.S. crude stocks, boosting hopes of demand recovery in the world's top energy user.
Oil rose more that 3 percent to top $69 a barrel on Tuesday as stronger-than-expected earnings results lifted equities and boosted optimism about the economy.
Oil rose above $67 a barrel on Tuesday, tracking gains on global stock markets ahead of key U.S. crude inventory data.
Oil pared gains and stood below $67 a barrel on Tuesday as weak headline U.S. housing data renewed doubts over the pace of economic recovery in the world's largest energy user. Investors were also awaiting weekly U.S. fuel inventory reports due later on Tuesday and Wednesday, expected to show crude stockpiles have risen for the fourth straight week.
Oil rose toward $68 a barrel on Tuesday in line with a broad recovery on Asian and European stock markets after falling the previous day to a two week-low.
Oil was steady above $67 a barrel on Tuesday, after falling the previous day to its lowest level in two weeks, amid persistent worries over the pace of the global economic rebound and revival in energy demand.
The chief regulator of U.S. commodities markets, Gary Gensler, is serious about limiting speculation in energy futures trading and will move to provide details about managed funds' contract positions in an attempt to make markets more transparent.
Oil fell nearly $2 to below $66 a barrel on Monday as investors became more cautious about the pace of global economic recovery and a potential revival in energy demand.
Oil fell to a two-week low below $66 a barrel on Monday as investors became more cautious about the pace of global economic recovery and any revival in energy demand.
Oil prices fell below $67 a barrel on Monday, extending the previous session's 4.3 percent decline, as poor U.S. economic data clouded the outlook for a quick global recovery and prompted further profit taking.
The Commodity Futures Trading Commission on Thursday proposed creating a new account class for over-the-counter derivatives.
U.S. gold futures rose Thursday on follow-through buying after the Federal Reserve said it would keep interest rates near zero, bolstering bullion's status as a hedge against inflation.
World sugar prices have surged to historic levels as India, the largest sugar consumer, turns to imports after a poor monsoon decimated its cane crop.
Shanghai copper prices hit their upside limit in the first few minutes of trade on Thursday, excited by London's gains in the previous session, when investors were enthused by the U.S. Federal Reserve's comments that the country's economy was showing signs of levelling out. FUNDAMENTALS
Oil rose toward $71 a barrel on Thursday as a surprising return to economic growth in France and Germany fed optimism the world was through the worst of the recession, offsetting bearish U.S. inventory data.
Oil rose toward $71 a barrel on Thursday as renewed optimism that the U.S. economy was through the worst of the recession offset bearish inventory data showing continued weak demand in the world's largest oil consumer.
Oil rose back above $70 a barrel on Wednesday as equity markets climbed, but concerns about the strength of demand and a jump in U.S. crude inventories kept gains in check.
Oil reversed early losses on Wednesday rising toward $71 a barrel on equity markets, after falling to the lowest in August so far due to concerns about the strength of demand ahead of weekly U.S. inventory data.
Oil reversed early losses on Wednesday to edge back toward $70 a barrel, after initially falling to the lowest price in August so far on concerns about the strength of demand ahead of weekly U.S. inventory data.
Oil prices fell by more than $1 below $70 a barrel on Tuesday, giving up earlier gains as doubts resurfaced over the pace of economic recovery and any rise in fuel demand.
Oil prices pushed above $71 a barrel on Tuesday, spurred by record fuel imports to the world's second biggest energy user China, but the market was cautious ahead of the next set of supply and demand data.
Oil prices crept up toward $71 a barrel on Tuesday, spurred by record fuel imports to the world's second biggest energy user China, but the market was cautious ahead of the next sets of supply and demand data.
Oil rose above $71 on Tuesday, ending a three-day losing streak as record Chinese oil imports and refinery production helped offset mixed economic data, while traders anticipated key reports on the state of global demand.
Oil rose below $71 a barrel on Tuesday, ending a three-day losing streak ahead of U.S. data expected to show a fall in gasoline stocks, with weaker-than-expected Chinese economic data acting as a drag.
