New York Mercantile Exchange

'Milestone' Case Punishes High Frequency Trading Firm

Reuters | Posted 04.23.2012

Read More: High-Frequency Trading, New York Mercantile Exchange, Video, Optiver, Reuters, Oil Prices, U.S. President Barack Obama, Commodity Futures Trading Commission, Cftc, Newedge in Japan, Business News

U.S. regulators' $14 million settlement with high-frequency trading firm Optiver over oil price manipulation in 2007 is a "milestone" victory in their...

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Take My Wealth, Please: One Percenters Who Fight For The 99 Percent

Posted 12.01.2011

Read More: 99 Percent, New York Mercantile Exchange, Video, Common Good, Institute for Policy Studies' Program, Robert S. Halper, Dailyfinance, Ows, Middle Class, Occupy Wall Street, Zuccotti Park, Upper Class, Business News

By Bruce Watson AOL Daily Finance Occupy Wall Street is slowing down a bit as winter sets in, but the conversation it inspired is still gaining m...

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Despite Irene Aftermath, New York Stock Exchange To Open On Time

AP | By CHIP CUTTER and CANDICE CHOI | Posted 10.29.2011

Read More: Tropical Storm Irene, New York Mercantile Exchange, Natural Disaster, Mayor Michael Bloomberg, Big Board, Wall Street, The Chicago Mercantile Exchange, Nasdaq OMX Group Inc., Mta, New York Stock Exchange, Metro North, Video, Business News

NEW YORK -- The opening bell at the New York Stock Exchange is set to ring on time Monday. Operators of the historic Big Board and other major U.S. e...

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Oil Prices Rise As Stock Markets Stabilize

AP | CHRIS KAHN | Posted 10.15.2011

Read More: European Debt Crisis, New York Mercantile Exchange, Gas Prices, Double-Dip Recession, Oil Prices, ICE Futures Exchange, Economic Recovery, Asian Stock Markets, Consumer Sentiment, Economic Growth, Video, Business News

NEW YORK — Oil jumped to the highest level in more than a week on some positive news about the global economy. Oil was also pushed higher by a ...

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Oil Hits Lowest Price Of The Year After Downgrade

AP | SANDY SHORE | Posted 10.08.2011

Read More: Goldman Sachs, Gas Prices, New York Mercantile Exchange, ICE Futures, Debt Crisis, Credit Downgrade, Opec, Treasury, Oil Prices, Standard & Poor's, Department of Energy, AAA Rating, European Central Bank, Short-Term Energy Outlook, Benchmark West Texas Intermediate, Business News

Oil's plunge to its lowest price of the year should provide Americans with some relief at the pump. But that may not be enough to calm their fears abo...

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Second Greece Bailout Sends World Stocks Up

AP | Posted 09.21.2011

Read More: New York Mercantile Exchange, Cac-40, Dow Jones, Ftse, Credit Suisse, Wall Street, German Chancellor Angela Merkel, Greece Debt Crisis, Imf, Eu, Second Greece Bailout, Nikkei 225, Greece Bailout, Business News

LONDON -- Relief at a bailout package for Greece drove global shares higher Friday after European leaders made sweeping changes to a rescue fund in an...

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Global Markets Lifted On Hopes Greece Will Pass Confidence Vote

Posted 08.21.2011

Read More: New York Mercantile Exchange, Cac-40, Parliamentary Vote, Greek Prime Minister George Papandreou, Japan Nikkei, Hong Kong, Austerity Bill, Market Confidence, Dax, Ubs, FTSE 110, Hang Seng, Bailout, Cabinet, Greece Credit Default, Greece Debt Crisis, Oil Prices, Business News

LONDON (AP) -- Hopes that the Greek government will pass a crucial confidence vote later Tuesday, paving the way for the debt-stricken country to get ...

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Weaker Dollar Sends Oil Prices Up

AP | By ALEX KENNEDY | Posted 07.09.2011

Read More: New York Mercantile Exchange, Commodities, Unemployment Rate, Singapore, Barclays Capital, Middle East, Capital Economics, Oil Prices, ICE Futures Exchange, U.S. Dollar, London, Euro, Business News

SINGAPORE -- Oil prices rose to near $100 a barrel Monday in Asia, bouncing back from last week's plunge, as a weaker U.S. dollar made commodities les...

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How the Financial Industry is Driving Up Gas and Heating Oil Prices

Josh Garrett | Posted 05.25.2011

If you think chaos in Libya is the only force driving up gasoline prices these days, think again. Over the past few decades, institutional investors like hedge funds and investment banks have flooded oil markets with hundreds of billions of dollars.

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Moderate Fuel Prices Should Keep Heating Bills in Check

Susan Buchanan | Posted 05.25.2011

Read More: Elderly, Hedging, New York Mercantile Exchange, Federal Energy Regulatory Commission, Electricity, La Nina, Entergy Corp., Pipelines, Louisiana State University, Coal, Atmos Energy, National Weather Service, Natural Gas, Business News

Huge, home-heating bills in first-quarter 2010 are an unhappy memory. But southeast Louisiana residents may not have to dig as deeply into pockets in early 2011 to stay warm, experts say.

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Oil Rises To 26-Month High Above $90 On U.S. Supply Forecast

Bloomberg | Grant Smith | Posted 05.25.2011

Read More: Business News, New York Mercantile Exchange, Oil Prices, US Supply Forecast, Crude Stockpiles, Oil 26-Month High, Business News

Oil climbed above $90 a barrel to the highest price in two years before a report forecast to show that U.S. crude stockpiles fell for the first time i...

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Gold Hits Record High

AP | SANDY SHORE | Posted 05.25.2011

Read More: IG Markets, India, New York Mercantile Exchange, Commodities, Global Economy, Europe Debt Crisis, Bank Stress Tests, Gold, Grains, India Fall Festival, Investing, European Banks, Wheat, Financial TImes, Business News

Gold prices settled at a record high Tuesday following renewed worries about European banks and the global economy. Gold for December delivery added ...

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BP's Smoking Gun and the Manipulation of Oil Prices

Raymond J. Learsy | Posted 05.25.2011

Read More: New York Mercantile Exchange, Senate, Tony Hayward, Bp, Gulf Oil Spill, Opec, Hess Oil, Oil Prices, Oil, New York Times, Commidity-Futures-Trading-Commission, Leon Hess, Shell Oil, Business News

BP is clearly in the game to maximize profits, and the higher they can push prices through their trading on exchanges, the better for BP's bottom line. How many other producers worldwide are playing the same game?

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Oil Prices Hit $71, A 2009 High

Yahoo! Finance | George Jahn | Posted 05.25.2011

Read More: Oil Prices, New York Mercantile Exchange, Crude Oil Prices, Fuel Prices, Crude Oil, Business News

VIENNA (AP) -- Oil prices soared above $71 a barrel Wednesday to reach a 2009 high, as investors poured money into crude markets to protect themselve...

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Oil Prices Hit Eight-Week Low

AP | STEVENSON JACOBS | Posted 05.25.2011

Read More: Oil, Oil Prices, Economy, Energy, New York Mercantile Exchange, Business News

NEW YORK — Oil prices plunged below $90 a barrel Monday, coming within reach of year-ago levels as a widening financial maelstrom spreads overse...

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Oil Prices Were Manipulated, U.S. Government Commission Charges

Janet Ritz | Posted 05.25.2011

The agency charged with "ensuring the integrity of the futures & options market," has accused Optiver Holding of manipulating the prices of crude oil, heating oil and gasoline futures on the NY Mercantile Exchange.

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Oil futures jump to record over $115 on supply concerns

AP | JOHN WILEN | Posted 05.25.2011

Read More: New York Mercantile Exchange, Oil Prices, $115 Oil, Energy Department, Crude Oil, Crude Oil Prices, Crude Oil Futures, Oil Futures, Business News

NEW YORK — Crude futures made their first foray past $115 Wednesday, propelled to a new record by concerns about how much gas will be available ...

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Gold Hits Record $900 An Ounce

AP | STEVENSON JACOBS | Posted 05.25.2011

Read More: Gold Futures, New York Mercantile Exchange, Gold, Weak Dollar, Recession Fears, Recession, U.S. Recession, Carlos Sanchez, Business News

Gold futures rose above $900 an ounce for the first time Friday, as high oil prices, a weak dollar and fears of a U.S. recession led uneasy investors ...

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Gold Soars To Record High On Inflation Worries

AP | Jackie Farwell | Posted 05.25.2011

Read More: Gold Futures, New York Mercantile Exchange, Gold Record, Gold, Business News

Gold futures soared to an all-time record above $880 an ounce Tuesday as rebounding oil prices added to the metal's allure as a safe haven against inf...

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Fame-Seeking Trader Plotted Pushing Oil To $100

Financial Times | Javier Blas | Posted 05.25.2011

Read More: Nymx, New York Mercantile Exchange, Schork Report, Stephen Schork, Javier Blas, Crude Oil, $100 Oil, Business News

An independent trader apparently intent on securing his place in market history was responsible for oil prices briefly touching the unprecedented leve...

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Oil Prices Drop Below $90 A Barrel

AP | PABLO GORONDI | Posted 05.25.2011

Read More: New York Mercantile Exchange, Oil Prices, Oil Prices Drop, Opec, Crude Oil, Crude Oil Prices, Business News

Oil prices fell Friday on expectations that OPEC will increase output next week and on fading concerns of a supply disruption from a U.S. pipeline fir...

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