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Commodity Markets

A collection of news and information related to Commodity Markets published by this site and its partners.

Top Commodity Markets Articles

Displaying items 78-88
  • Occidental's profit soars; BP bounces back

     
    Occidental Petroleum Corp. of Westwood rode a wave of higher oil prices to a net profit of $1.82 billion in the second quarter, up 71% when compared to the same period last year, the company said in an earnings announcement Tuesday....
  • Economy grew at weak 1.3% pace in second quarter

     
    The U.S. economy grew at a weak rate of 1.3% from April through June, another sign that the recovery has faltered dramatically. The Commerce Department also scaled back its estimate of economic growth in the first quarter of the year......
  • Gas prices stable; oil gets no boost from apparent debt agreement

     
    Retail gasoline prices were mostly stable over the last week, and oil on Monday failed to gain any boost from an apparent bipartisan deal to raise the U.S. debt ceiling. Weak demand and poor U.S. manufacturing numbers dragged the commodity......
  • With debt deal done, Obama sees need now for new spending on bridges, roads, unemployment

     
    Obama says we must live within our means, but meanwhile we need many new 'investments.'...
  • Oil reaches a 2011 low; gasoline prices should fall

     
    Oil prices have hit new lows for the year following Standard & Poor's downgrade of the U.S. credit rating, but analysts said that there was little good news in the commodity's decline. They likened the situation to an obese man......
  • Oil takes a tumble as Fed declines to offer new stimulus

     
    Crude oil declined below $79 a barrel to its lowest levels since September on the New York Mercantile Exchange, extending the drop after the Federal Reserve pledged to keep interest rates at a record low through mid-2013. U.S. benchmark crude......
  • Economy's Silver Lining: Gas Prices Plummet

     
    While most economic news has been dismal lately, there???s at least one bright spot to the recent downturn ??? a reprieve from rising gas prices. After five straight weeks of increases at the gas pump, prices fell 3.7 cents to......
  • Gasoline prices still dropping; oil prices rebound

     
    Retail gasoline prices were falling again on Monday as oil rebounded a bit from sharp losses last week. Oil's small gain was based on hopes that European leaders would solve that region's debt crisis, analysts said....
  • Gasoline prices still falling but remain far ahead of 2010 levels

     
    Gasoline price drops were accelerating Wednesday during the last days of the summer driving season, which is usually a time when they are on the rise. The average cost of a gallon of regular gasoline in the U.S. fell to......
  • Oil prices volatile while world waits for Libya

     
    Oil prices were roiling Monday as Libyan rebels made further progress toward ousting leader Moammar Kadafi, raising hopes that the country’s conflict is drawing to a close at a time of global economic uncertainty. Analysts said that the overthrow...
  • U.S. exports more fuel, keeping gasoline prices high

     
    Oil prices are still far below their highs for the year, but U.S. motorists aren't benefiting from lower prices because the nation's refineries continue to boost exports and reduce supplies available in the U.S. In California, the average price of a...