CRUDE OIL

The governor of Nebraska says he has no problem with TransCanada building an oil pipeline through his state -- he just wants it on the other side of the state, not over the Ogallala aquifer.

A coalition of Nebraska residents wants TransCanada to change the route of its planned pipeline, which will carry oil from Alberta to refineries in Texas, so that it does not cross the Ogallala aquifer.

Asian shares rose more than 2 percent and the euro steadied Friday on hopes that Greece will abandon a proposed referendum on a European Union bailout, but investors remained cautious over a confidence vote planned in the Greek Parliament.

European stocks turned negative after early gains Wednesday, adding to a sharp two-session drop as investors dumped banking shares on fresh concerns about the euro zone debt crisis.

World stocks and the euro edged up on Wednesday after a rollercoaster week, as investors hoped for comfort on the weak U.S. economy and troubled euro zone from meetings of the U.S. Federal Reserve and Group of Twenty leaders.

Asian shares fell and the euro stuck near 3-week lows against the dollar on Wednesday, as investors shed riskier assets after Greece's shock call for a referendum stoked fears about the viability of a European debt deal struck just last week.

Traders scrambled to cover trading exposures to MF Global on Tuesday, as administrators sought to save what money was left in the collapsed U.S. brokerage's London arm.

Oil prices fell more than $2 per barrel on Tuesday as the outlook for global growth darkened with renewed crisis in the euro zone and data suggesting economic activity in key economies was slowing more quickly than expected.

Renewed worries about the slow progress in resolving the euro zone's debt crisis dampened investor appetite for risk, sending Asian shares and commodities lower Tuesday while keeping pressure on the euro.

Anadarko Petroleum Corp reported a wider quarterly loss on Monday, as the U.S. oil and gas company spent $4 billion to reach a settlement with BP Plc over that company's Gulf of Mexico oil spill disaster last year.

The economy gained momentum for a third straight month in August, growing 0.3 percent from September and putting to rest fears of a recession, but not showing enough strength to trigger interest rate hikes

Oil prices retreated on Friday in light volume trading as uncertainties about Europe's plan to tackle its debt problems prompted some profit taking after the previous session's rally.

Air China, in partnership with Boeing, Honeywell UOP, the Civil Aviation Administration of China, PetroChina and Pratt & Whitne, on Friday successfully test flew a passenger plane powered by a mix of biofuel and traditional aviation fuel, which in the near future could help the country overcome crude oil shortages.

Canadian stocks looked set to open lower on Friday after rallying more than 2 percent on Thursday, as the investor optimism that followed Europe's latest debt crisis plan began to fade.

In the U.S., bank stocks performed especially superbly.

Stocks surged 3 percent on Thursday as an agreement by European leaders to help contain the region's two-year debt crisis lifted a cloud hovering over markets.

Stocks surged 3 percent in a broad rally on Thursday as a long-awaited agreement by European leaders to boost the region's bailout fund promised to remove a major headwind for the market.

United Continental Holdings and its rival US Airways Group on Thursday said their quarterly profits were battered by soaring fuel costs, but travel demand appears to be robust, undeterred by gathering economic threats.

Stocks surged 2 percent on Thursday after European leaders reached a long-awaited agreement to boost the region's bailout fund and struck a deal with banks and insurers to accept 50 percent losses on Greek bonds.

Stocks rallied in early trading on Thursday after European leaders agreed to boost the region's bailout fund and struck a deal with banks and insurers to accept 50 percent losses on Greek bonds.

Exxon Mobil Corp's profit rose 41 percent in the third quarter, slightly ahead of Wall Street estimates, as gains in crude oil prices and higher refining margins boosted results.