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Highlights

A collection of news and information related to Commodity Markets published by this site and its partners.

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    May 8, 2012 |Story| AP Broadcast
  1. Gas price likely won't set record this summer

    NEW YORK (AP) — Gasoline prices likely won't set any records this summer, thanks to a recent drop in the price of oil. The government on Tuesday slashed its forecast for average gas prices to $3.79 per gallon for the summer driving season. That's...

    Tags: Petroleum Industry, U.S. Presidential Election Results (2008), AAA, Economy, Business and Finance, Elections

  2. Mar 3, 2011 |Story| AP Broadcast
  3. Gasoline prices jump another 4 cents overnight

    NEW YORK (AP) — The recent surge in oil prices continues to drive retail gasoline prices higher in the U.S. Pump prices jumped another 4 cents overnight to a new national average of $3.43 per gallon, according to auto club AAA. Gasoline has...

    Tags: Petroleum Industry, AAA, Libyan Civil War (2011), Energy Saving, Texas

  4. May 23, 2013 |Story| Reuters
  5. EU oil pricing probe spurs lawsuit against BP, others

    NEW YORK/CHICAGO (Reuters) - A Chicago-based commodities trading firm has filed suit against three of the world's largest oil companies, accusing them of colluding to fix oil prices after European authorities opened an investigation last week.
    Reuters
    NEW YORK/CHICAGO (Reuters) - A Chicago-based commodities trading firm has filed suit against three of the world's largest oil companies, accusing them of colluding to fix oil prices after European authorities opened an investigation last week. Prime...

    Tags: Petroleum Industry, Trials, Corporate Crime, Justice System, Energy Saving

  6. May 23, 2013 |Story| Reuters
  7. Wall Street sags, but ends off session lows; HP hits 52-week high

    NEW YORK (Reuters) - Stocks slipped on Thursday but finished sharply off their session lows as a rally in Hewlett-Packard's shares offset worries about weak Chinese manufacturing data and the prospects of the Federal Reserve reducing its monetary stimulus.
    Reuters
    NEW YORK (Reuters) - Stocks slipped on Thursday but finished sharply off their session lows as a rally in Hewlett-Packard's shares offset worries about weak Chinese manufacturing data and the prospects of the Federal Reserve reducing its monetary...

    Tags: Medtronic Incorporated, Financial Markets, Dean Foods Company, Jamie Dimon, Energy Saving

  8. May 23, 2013 |Story| Reuters
  9. BRIEF-BP, Shell, Statoil have been sued over alleged brent crude oil price fixing

    Reuters
    May 23 (Reuters) - BP PLC : * Is sued by commodity trading firm over alleged price fixing in brent crude oil prices and futures contracts -- court filing * Lawsuit filed by Chicago-based prime international trading ltd also names Royal Dutch Shell Plc...

    Tags: Petroleum Industry, Trials, Litigation, Corporate Crime, Justice System

  10. May 23, 2013 |Story| Reuters
  11. U.S. natgas futures near flat early ahead of EIA stocks data

    Reuters
    NEW YORK, May 23 (Reuters) - U.S. natural gas futures traded nearly flat early on Thursday after slipping slightly in the prior session, with volume light as traders stepped back ahead of a weekly inventory report due later in the morning. Traders and...

    Tags: Petroleum Industry, Inventories, Weather Reports, New York Mercantile Exchange, Weather

  12. May 23, 2013 |Story| Reuters
  13. REUTERS SUMMIT-Venezuela business group sees dire economy in 2013

    Reuters
    * Fedecamaras' head says lack of hard currency crimps growth * Sees most companies' 2013 billing falling at least 40 pct * Maduro's slim election victory shows need for dialogue By Brian Ellsworth CARACAS, May 23 (Reuters) - Venezuela is slipping into...

    Tags: Petroleum Industry, Nicolas Maduro, Venezuela, Inflation and Deflation, Energy Saving

  14. May 22, 2013 |Story| Reuters
  15. COMMODITIES-Oil down on high gasoline stocks, gold slips on Fed

    Reuters
    * Brent crude slips below $103 as gasoline inventories surge * Gold falls as Bernanke cautions about low US rates * Copper hits 6-week high after no word on Grasberg restart By Barani Krishnan NEW YORK, May 22 (Reuters) - Oil prices slumped on...

    Tags: Petroleum Industry, Federal Reserve, Metal and Mineral, Energy Saving, Gold and Precious Material

  16. May 22, 2013 |Story| Reuters
  17. Fallout spreads in Hong Kong over shut-down Mercantile Exchange

    Reuters
    HONG KONG (Reuters) - A close political ally of Hong Kong's chief executive has vowed to cooperate with an investigation into the shuttered Hong Kong Mercantile Exchange after the city's financial watchdog said it had alerted the police to "serious...

    Tags: Economy, Business and Finance, Hong Kong, Pomfret, Police Investigations, Finance

  18. May 22, 2013 |Story| Reuters
  19. ANALYSIS-Oil saving win-win drives Saudi solar power boom

    Reuters
    * Solar could cost much less than half oil fired power * Solar offers over 20 percent return on investment By Daniel Fineren DUBAI, May 22 (Reuters) - A slide in solar power costs and a surge in oil prices over the last few years has made solar power a...

    Tags: Petroleum Industry, Saudi Arabia, Science and Technology, Energy Saving, China

  20. May 20, 2013 |Story| Reuters
  21. NYMEX-Oil prices dip to around $96.50 as supplies weigh

    Reuters
    PERTH, May 21 (Reuters) - U.S. crude futures eased to about $96.50 a barrel in early trading in Asia on Tuesday as ample supplies weighed on prices, despite support from equity markets. FUNDAMENTALS * U.S. oil fell 14 cents to $96.57 a barrel by 0023...

    Tags: Petroleum Industry, Federal Reserve, Energy Saving, International Energy, Money and Monetary Policy

  22. May 17, 2013 |Story| Reuters
  23. Oil price probe widens, senator wants Justice Department help

    Reuters
    LONDON/WASHINGTON (Reuters) - A European probe into possible oil price manipulation expanded with the investigation of a small niche trading house in the Netherlands, while a key U.S. senator on Friday called for the Justice Department to join the...

    Tags: Petroleum Industry, Energy Saving, BP Plc, International Organizations, Eric Holder

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