Factbox: Fear frenzy consumes U.S. markets
Investors fled U.S. stocks and dumped commodities on Thursday, rushing to the safety of government bonds on growing fears the global economy was weakening.
Nigerian Oil Spills Lead to World's 'Most Long Term' Environmental Disaster: UN
Carcinogens float in drinking wells in Nigeria.
Oil Traders Ask "What Glut?" as Midwest Stocks Shrink
The latest U.S. oil inventory data contradict a widely held notion among oil traders that a huge glut of Canadian and U.S. shale crude oil is accumulating in the middle of the United States and causing the record gap in global oil benchmark prices.
The Price of Oil: ?Mini Report Card? on U.S. Economy
Is there oil statistic that can provide a rough "report card" on the U.S. economy and its outlook? Indeed there is.
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Dollar, stocks slide on debt gridlock
The dollar fell broadly on Tuesday as lawmakers remained deadlocked over raising the nation's debt ceiling to avoid a devastating default, while U.S. and European shares also declined.
Debt crisis gives investors first jolt
President Barack Obama's Democrats and their Republican rivals were further apart than ever on Tuesday in an impasse over the government's debt limit as investors braced for a looming default and downgrade.
Dollar, Stocks Slip on Debt Fears
The dollar fell on Tuesday as U.S. lawmakers remained deadlocked over raising the nation's debt ceiling to avoid a devastating default, while U.S. and European shares also declined.
Pemex counts 100 workers linked to Mexico fuel thefts
More than 100 oil workers and contractors hired by Mexico's state oil monopoly Pemex have aided criminal gangs stealing millions of barrels of fuel over the past decade, a document obtained by Reuters shows.
Stocks fall, gold at record high on US debt crisis
Stocks slipped while the Swiss franc rose and gold hit a record high on Monday as hopes for a political deal to avert a U.S. default began to fade, though investors were mostly seeking to protect their portfolios with no signs of panic selling.
Stock Index Futures Down Ahead of Earnings, Economic Data
Futures on major U.S. indices point to a lower opening on Thursday ahead of key weekly jobless claims data and corporate earnings.
Oil Prices Cause Highest U.S. Trade Deficit in Years
The U.S. trade shortage rose 15 percent to $50.2 billion in May, a record high since October 2008, as oil prices and imports skyrocketed according to a report release by the Commerce Department.
Rising U.S. Gas Prices: Some Areas Paying 15 Cents More in Past Week
Gas prices are on the rise throughout the U.S. Prices are rising fastest in the South, with Atlanta and Tampa seeing increases as much as 13 to 15 cents per gallon in the past week.
Are We Ready For Another $150 Oil Price Shock?
A recent Barron's article predicted that oil prices could top $150 next year and if this becomes true it could wreak havoc on the global economy with a devastating impact.
Exxon Oil Spill on Yellowstone River (Photos)
Governor Brian Schweitzer vowed to cling to Exxon Mobil to get the company clean up the oil spill over the weekend that fouled the Yellowstone River in Montana.
ExxonMobil Oil Spill: Latest Update
An ExxonMobil pipeline in Montana State ruptured late Friday, which spilled hundreds of barrels of crude oil into the famed Yellowstone River, prompting evacuations of nearby residents.
Exxon says oil spill damage limited, Montana Governor not impressed
A pipeline operated by Exxon Mobil Corp in Montana state ruptured late Friday, dumping as many as 1,000 barrels of crude oil into the Yellowstone River over the weekend.
ExxonMobil Oil Spill Hits Yellowstone River
An ExxonMobil pipeline in Montana state ruptured late Friday, which spilled hundreds of barrles of crude oil into the famed Yellowstone River, prompting evacuations of nearby residents.
Fourth of July: Good News, Bad News on U.S. Gas Prices
It's likely to be a bitter-sweet Fourth of July holiday weekend, gas price-wise, for U.S. motorists. Gas prices have edged lower recently, but are still up substantially from a year ago, in early July 2010.
China Slams U.S. war in Middle East, Afghanistan; calls for caution in Libya
After a diplomatic meeting with British Prime Minister David Cameron in London, Chinese Premier Wen Jiabao said that Beijing supports a political resolution to the conflict in Libya.
North and South agree to demilitarize disputed Sudanese region
Presidents of the soon-to-be-independent nations met in Ethiopia to discuss the occupied area of Abyei.
OPEC Likely to Lift Oil Production
The Organization of Petroleum Exporting Countries (OPEC) meeting would likely end with a decision to increase crude production levels to reduce international concerns about the high price of oil.
Ben Bernanke's Speech On US Economic Outlook (FULL-TEXT)
Fed Chairman Ben S. Bernanke Speech At the International Monetary Conference, Atlanta, Ga. on June 7, 2011
US crude oil slips from three week high on ADP employment report
U.S crude oil futures dipped from the highest in three weeks, on Wednesday after an employment report of the ADP private sector showed that U.S added fewer jobs than the forecast last month.
US stocks open lower on weak ADP report
U.S. stocks declined in early trade on Wednesday as weaker-than-expected ADP private sector employment report weighed on the sentiment.
US stock index futures rise on Greek bailout hopes
Futures on major U.S. indices point to higher opening on Tuesday as speculation that the European Union authorities will agree a fresh bailout for debt-laden Greece buoyed sentiment.
Despite ongoing turmoil in Middle East, crude oil prices stabilizing
Oil prices, which have risen by as much as 20 percent this year due to fears of supply disruption caused by Middle Eastern and North African unrest; appear to be stabilizing in recent weeks.
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