Certain financial-market commentators were -- er, uh -- commentating either early Monday or late Sunday (depending on one's global positioning) about a relief rally in this market or that market allegedly propelled by Greece's election results, which suggest the euro zone will not be falling apart. This week, anyway.
Poland looks to shale exploration, despite concerns over fracking.
Crude oil futures advanced Friday as sentiment was buoyed on expectations that the major central banks around the world would act to strengthen the global economy.
Crude oil futures are slightly lower Thursday as investors await the outcome of the OPEC ministerial meeting in Vienna.
Helicopter gunships aren't the only things Russia is giving Syria; now the Kremlin is printing money for the cash-strapped Damascus regime. But whereas the former makes Assad's regime stronger militarily, the latter may be contributing to an inflation rate that is now more than 30 percent.
Crude oil futures hovered above $83 a barrel Wednesday ahead of a weekly report on US oil supplies as well as Thursday's OPEC ministerial meeting in Vienna.
The U.S. singled out China on Monday in its effort to push the international community to place additional economic pressure on Iran.
Leaders of the world's 12-member crude oil cartel gather this week in Vienna to discuss and perhaps set a production ceiling for the group in what is expected to rubber stamp the current state of affairs. It is also expected to feature a fierce tug-of-war between Saudi Arabia, the cartel's dominant producer, and Iran.
Crude oil futures declined on Tuesday amid concerns that Spain's banking bailout may not be enough to rescue the country from the financial crisis.
Forbes has upped its wealth estimate for Aliko Dangote, founder and chief executive officer of the Dangote Group, to $11.2 billion.
Crude oil futures rallied Monday as market participants welcomed Europe's plan to provide financial assistance to Spain to properly restructure its troubled banks.
Crude oil production from the Organization of the Petroleum Exporting Countries (OPEC) rose 40,000 barrels per day (b/d) to 31.75 million in May, a new survey has shown.
Lower U.S. demand for crude oil and petroleum products in April helped shrink the nation's balance-of-trade deficit from the previous month, the Commerce Department said Friday, but the trade deficit with China worsened.
Lower U.S. demand for crude oil and petroleum products in April helped shrink the nation's balance-of-trade deficit from the previous month, the Commerce Department said Friday, but the trade deficit with China worsened.
Crude oil futures declined Friday as the lack of explicit hints about further quantitative easing from Fed Chairman Ben Bernanke disappointed investors.
U.S. crude oil futures fell more than $2 on Friday, pressured by uncertainty about the fragile economic recovery in the United States .
