CRUDE OIL

Last month the International Energy Agency said in its World Energy Outlook that If, between 2011 and 2015, investment in the [Middle East and North Africa] region runs one-third lower than the $100 billion per year required, consumers could face a near-term rise in the oil price to $150/barrel.

Chrysler and Hyundai led the way for strong automotive sales in the United States in October, as sales continue to rebound from recession slumps, according to analysis from the Great American Group released Monday.

Stocks tumbled on Monday, as concerns about Europe returned to the forefront after major credit ratings agencies warned that European leaders had not done enough to tackle the region's debt crisis.

OPEC began negotiations on Monday on a new production deal aimed at healing the rift caused by a bad-tempered failure to agree an output target when it last met in June.

Stocks fell on Monday on lingering concerns over a deal for economic integration in Europe and after Intel cut its revenue outlook.

Crude oil prices dropped below $98 a barrel in Asian trade Friday as investors' hopes dimmed over the outcome of a crucial European Union summit later in the day.

Gold prices, like global stocks and major currencies, hardly moved Thursday as investors waited to see if Europe would manage to stanch its debt crisis and avoid a recession, or worse.

Crude oil prices advanced in Asian trade on Thursday ahead of long-awaited crucial European Union (EU) summit on the regional debt crisis.

Crude oil prices gained in European trade on Wednesday, following hopes that European leaders will approve aggressive plans for tackling the region's debt crisis at Friday's European Union (EU) summit.

Crude oil prices declined in Asian trade on Tuesday, after credit ratings agency Standard & Poor (S&P), warned six triple A-rated Eurozone members they may suffer ratings downgrades, amid the continuing carnage of the Eurozone debt crisis.

Petroleum major BP has accused Halliburton Energy Services Inc., the U.S. and Dubai-based oilfield services corporation, of intentionally destroying crucial evidence related to the Deepwater Horizon oil rig explosion in the Gulf of Mexico last year.

Gold prices fell Monday after European leaders and Italy's new head of state produced specific plans for containing their sovereign debt crisis.

Crude oil prices gained in European trade Monday on fears that growing tensions between Iran and Western powers may threaten crude supply from the Middle East.

The Gitxsan First Nation said on Friday it has agreed to become the first aboriginal partner for Enbridge Inc's C$5.5 billion ($5.42 billion) Northern Gateway oil pipeline, one day after other native groups in British Columbia pledged to block the project.

Canada believes the United States will ultimately approve TransCanada's proposed Keystone XL pipeline, which Washington put on hold last month for more than a year, Natural Resources Minister Joe Oliver said on Friday.

Sasol Ltd. is planning to add a multibillion ethane cracker and ethylene-derivative project to its Lake Charles facility in Louisiana, in part to leverage on the rapid development of shale gas in North America.

U.S. crude futures fell back on Thursday after government data showed that new filings for jobless benefits unexpectedly rose last week to their highest level since late October, a bad sign for oil demand. Oil traded down $1.01 to $99.41 per barrel on Thursday at mid-day.

Gold prices climbed to a nearly two-week high Thursday, along with other risky assets, after the world's richest central banks jointly pledged to make it easier for the Eurozone's acutely stressed banks to obtain funding.

Gold shot higher Wednesday after the world's top central banks launched a coordinated plan to provide liquidity to struggling Eurozone banks and China did likewise for its banks.

Morgan Stanley said it prefers exposure to gold, silver and livestock in the coming year, as such commodities perform well in a global economic slowdown.

Toronto's main stock index was set to open higher on Wednesday, extending gains from the previous session after China unexpectedly cut its bank reserve requirement ratio by 50 basis points, and ahead of Canadian growth data.