Final Glance: Oil companies Aug 29, 2008 5:49PM

Shares of some top oil companies were down at the close of trading: Chevron fell $.86 or 1.0 percent, to $86.32. Read more

Gas prices up as Gustav threatens Gulf refineries Aug 29, 2008 4:04PM

Retail gas prices swung higher Friday--the first increase in 43 days--as analysts warned that a direct hit on U.S. energy infrastructure by Tropical Storm Gustav could send pump prices hurtling toward $5 a gallon. Read more

Green (back) Day: Holiday Aug 29, 2008 3:16PM

The Gustav-fed $1.60 rise in crude oil earlier on Friday proved insufficient to prop gold prices up during their final August session. The same stronger US dollar that derailed commodities as of mid-July undermined progress in bullion today and pushed prices to under $830 and basically negated the w... Read more

No charges against 3 in New York oil bribery case Aug 29, 2008 2:58PM

A federal appeals court has refused to reinstate charges against three businessmen in an oil bribery case. The 2nd U.S. Circuit Court of Appeals issued the ruling Friday. The appeals court agreed that the deadline for charges to be brought had passed. Read more

Lukoil 2Q profit rises, misses view Aug 29, 2008 2:39PM

Russia's biggest independent oil producer, OAO Lukoil, on Friday posted a 64 percent profit increase in the second quarter on higher oil prices and revenue. But the results still disappointed some analysts. Read more

Midday Glance: Oil companies Aug 29, 2008 1:20PM

Shares of some top oil companies are mixed at noon: Chevron fell $.49 or .6 percent, to $86.69. Read more

Early Glance: Oil companies Aug 29, 2008 11:06AM

Shares of some top oil companies are mixed at 10 a.m.: Chevron fell $.33 or .4 percent, to $86.85. Read more

You Can't Fight in Here! This is the War Room! Aug 29, 2008 9:52AM

Overnight gold trading kept prices within a $10 range of from $830 to $840 but early morning action was trending towards lower values despite a mild drop in the dollar and a Gustav-fed $1 rise in crude oil. Gustav is threatening the Gulf's oil installations and it might possibly put New Orleans... Read more

Ahead of the Bell: Market watching Gustav Aug 29, 2008 9:29AM

The path and power of Gustav could be a factor in stock trading on Friday, particularly if the tropical storm grows more threatening to oil production in the Gulf of Mexico. Read more

End to Middle East oil imports unlikely Aug 29, 2008 9:10AM

Barack Obama's promise Thursday to work to "end our dependence" on Middle East oil within a decade may be good political rhetoric when Americans have been paying $4 a gallon at the gas pumps, but the goal likely would be difficult--perhaps impossible--to achieve and flies in the face of how global o... Read more

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