CRUDE OIL

Saudi Prince seeks lower oil prices

Saudi Arabian prince Alwaleed bin Talal would like to see oil prices drop to the $70-$80 a barrel range in a move to thwart western development in alternate fuels.

Crude oil futures up in Asia trade

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Crude oil futures advanced in Asian trade on Friday amid weak U.S. dollar, which made commodities including oil more affordable for investors holding other currencies.
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Crude oil trades near $99 a barrel

Crude oil prices declined in Europe trade as strengthening U.S. dollar and weaker-than-expected decline in U.S. crude stockpiles weighed.
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Price to Buy Gold Hits 1-Week High, Silver Regains 1/3rd of 30% Plunge

Gold rallied to one-week highs at $1526 per ounce in Wednesday morning trade - a gain of 4.3% from last Friday's low - before falling back as world stock markets also cut their rally. Silver has now regained a third of its losses since falling over 30% from a 31-year peak of $48.70 at the end of April.

Oil prices plunges 9% on economic worries

The price of crude oil plummeted almost 9 percent to finish below $100 per barrel – the largest one-day percentage drop in more than two years – on growing worries about the U.S. economy.
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US stocks open lower after GDP, Jobless Claims

U.S. stocks declined in early trade on Thursday after government reports showed that US economic activity slowed significantly in the first quarter and applications for jobless benefits unexpectedly increased.

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