oil prices

Wall Street dipped Friday as investors weighed an increase in oil prices against better-than-expected earnings from Citigroup.

U.S. stocks headed for a moderately lower open Wednesday as oil prices fell and investors awaited a key reading on inflation.

The investor has decided that oil prices have hit bubble territory and is “looking at everything that has been hurt by fuel,” for deals, including, most recently, the Indian airline SpiceJet.

Investors can't seem to catch a break — Wall Street again starts a week with oil prices at their highest levels yet, and banks poised to reveal that they remain on shaky footing.

Investors can't seem to catch a break - Wall Street again starts a week with oil prices at their highest levels yet, and banks poised to reveal that they remain on shaky footing.

NEW YORK : Oil prices briefly spiked to a new record above $147 a barrel Friday, as rising hostilities between the West and Iran and unrest in Nigeria sent investors rushing back to energy markets.

The head of the Organization of the Petroleum Exporting Countries warned that oil prices would experience an “unlimited” increase in the event of a military conflict involving Iran.

Stocks fell as a rebound in oil prices renewed concerns and a sharp drop in Cisco Systems shares sent the Nasdaq nearly 1 percent lower.

Northwest Airlines Corp. is the latest airline to cut jobs because of high oil prices.

Stocks headed for a modestly lower open Wednesday as rebounding oil prices drained away the momentum from Wall Street's big Tuesday rally.