Final Glance: Oil companies Sep 05, 2008 6:03PM

Shares of some top oil companies were down at the close of trading: Chevron fell $1.00 or 1.2 percent, to $80.22. Read more

Final Glance: Oil companies Sep 04, 2008 5:54PM

Shares of some top oil companies were down at the close of trading: Chevron fell $2.96 or 3.5 percent, to $81.22. Read more

S&P boosts Frontier Oil ratings to 'BB' from 'BB-' Sep 04, 2008 3:50PM

Standard & Poor's Ratings Services on Thursday raised its ratings on refiner Frontier Oil Corp. to "BB" from "BB-" and removed the ratings from CreditWatch with positive implications. Read more

Bosnia wants to explore domestic oil fields Sep 04, 2008 3:03PM

A Bosnian oil company is looking for international partners to explore domestic oil fields that may contain more than 100 million barrels, officials said Thursday. Read more

Mervyn King: Not Now, My Darling Sep 04, 2008 3:05PM

Once again, gold tried to edge higher early Thursday as oil briefly recaptured the $110 level and as European interest rate decision time neared. Most of bullion's morning gains evaporated however, after the Dow, crude oil, and the euro sank in unison. Bullion retreated to the sub $800 area for... Read more

This Week In Petroleum Sep 04, 2008 2:45PM

Early indications point to the petroleum supply system fairing much better after Hurricane Gustav than after the Katrina/Rita Hurricanes in 2005. However, damage assessments are not complete, power must be restored, and restarting the petroleum system takes some time. Read more

Oil's climb forced companies to become leaner Sep 04, 2008 6:11PM

Conventional wisdom had long held that some industries would collapse if oil topped $100 a barrel. As oil neared $150, sending costs higher for everything from jet fuel to plastic jars, the question was how many companies would succumb. Read more

Midday Glance: Oil companies Sep 04, 2008 1:12PM

Shares of some top oil companies are down at noon: Chevron fell $2.00 or 2.4 percent, to $82.18. Read more

Status Quo: Weakness Sep 04, 2008 11:30AM

Following five sessions of losses, gold prices edged higher early Thursday as oil briefly recaptured the $110 level and as European interest rate decision time neared. The BoE did not adjust its key rate away from 5% as it is seen as stuck between slow growth and rising inflation. The ECB is largely... Read more

Crude-oil stockpiles tumbled last week Sep 04, 2008 11:29AM

Crude-oil inventories tumbled last week after sliding slightly in the prior period, while gasoline stockpiles fell less than expected, according to government data released Wednesday. Read more
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