oil prices

Gold and Platinum Rise with Oil, Silver Falls with Dollar

Wed, 27 Aug 2008 17:35:47 -0500

New York gold and platinum futures rose with higher oil prices and a weaker U.S. dollar Wednesday. Silver fell nearly 1 percent. Crude oil for October finished up $1.88 to $118.15 a barrel on furthering concerns over Hurricane Gustav's threat to the Gulf, and Energy Department data showing unexpected...

[Insert any BS here] sending oil prices soaring!

Wed, 27 Aug 2008 12:40:10 -0500

Hurricane Gustav is the latest excuse to send oil prices soaring.

Stocks turn higher following durable goods report

Wed, 27 Aug 2008 09:37:45 -0500

Stocks rose moderately Wednesday after the government reported a larger-than-expected increase in orders for big-ticket manufactured goods, offsetting some unease about a rise in oil prices.

Oil prices spike as Hurricane Gustav nears Gulf

Tue, 26 Aug 2008 12:06:32 -0500

Oil prices swung higher Tuesday as Hurricane Gustav developed south of Haiti, raising concerns that the storm could slam into major oil operations in the Gulf of Mexico.

Bernanke says inflation outlook "uncertain"

Sun, 24 Aug 2008 21:58:21 -0500

Federal Reserve Chairman Ben Bernanke on Friday said the stronger dollar and lower oil prices, along with the weak economy, should curb inflation, in a hint that interest rates would stay on hold, though he ...

At the Fed, a Debate Over Countering Inflation Grows Louder

Sun, 24 Aug 2008 18:34:16 -0500

Declining oil prices have eased inflationary pressures for the moment, but that hasn’t halted the Federal Reserve’s debate over whether to raise interest rates.

Wall Street keeping eye on oil prices

admin — Sun, 24 Aug 2008 14:08:29 -0500

It was another seesaw week on Wall Street, but it ended with a jolt of good news: a $6-a-barrel tumble in oil. This week, investors will be watching to see if crude extends its drop.

With Oil Demand Down, Prices Are Leveling Off

Fri, 22 Aug 2008 22:49:18 -0500

A combination of weak economic growth, slowing demand and shifting perceptions has sent oil prices down 21 percent from last month’s peak.

Oil Declines, and Markets Push Higher

Fri, 22 Aug 2008 12:25:18 -0500

Wall Street rose Friday on a drop in oil prices, speculation that Lehman Brothers might be sold and expectations that officials would reaffirm the government’s support of Fannie Mae and Freddie Mac.

A Surge in Oil Amid the Tensions in Europe

Thu, 21 Aug 2008 13:03:18 -0500

Oil prices jumped more than $5 a barrel and the dollar fell back against the euro and the yen. U.S. Stocks fell on continuing fears about the health of the nation’s credit markets.