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Oil Futures

Wall Street Makes Huge Twitter Mistake

Reuters | Posted 12.10.2013 | Business

By Jeanine Prezioso NEW YORK, Oct 10 (Reuters) - Oil prices jumped more than $2 to their highest in a month on Thursday on growing hope for a deal ...

Broker Sent Oil Prices to Eight Month High in a Drunken Stupor

James Burgess | Posted 11.28.2012 | Business
James Burgess

On June the 30th 2009 oil mysteriously jumped by more than $1.50 a barrel during the night, to reach its highest price in eight months, the kind of swing that is caused by a major geopolitical event.

Bonnie Kavoussi

Opening The Oil Taps: A Shot Fired At Speculators

HuffingtonPost.com | Bonnie Kavoussi | Posted 08.23.2011 | Business

On first inspection, President Obama's decision to tap the nation's petroleum reserves, announced Thursday, seemed far more symbolic than consequentia...

Facebook and Goldman Sachs

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

To attach the emergently celebrated name of 'Facebook' to that of a company whose actions at a time when the country needed financial help and vision rather chose to profit heedlessly is profoundly sad.

Next Week's OPEC Meeting "Looney Tunes" and the Contango "High Step"

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

The ever obliging oil industry commentators and talking heads are falling all over themselves complimenting the Saudis for their seriousness in abiding by its OPEC allocation.

Do You Still Believe it Wasn't Speculation?

Jeff Madrick | Posted 05.25.2011 | Business
Jeff Madrick

Oil is a financial asset now. It attracts hundreds of billions of dollars of institutional investment. And like all financial assets throughout time, it is given to fashion and fad.

Oil futures jump to record over $115 on supply concerns

AP | JOHN WILEN | Posted 05.25.2011 | Business

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 ...

Oil Jumps on Surprise Supply Drop

AP | JOHN WILEN | Posted 05.25.2011 | Business

NEW YORK — Oil surged Wednesday, rising a remarkable $5 a barrel to a new record over $104 after the government reported a surprise drop in crud...

Oil Jumps Above $100 on Refinery Outage

AP | JOHN WILEN | Posted 05.25.2011 | Business

NEW YORK — Oil futures shot higher Tuesday, closing above $100 for the first time as investors bet that crude prices will keep climbing despite ...

Oil Again Nears $100 A Barrel

AP | George Jahn | Posted 05.25.2011 | Business

Oil prices edged up Thursday, moving closer to the record $100 a barrel reached briefly a day earlier on escalating violence in Nigeria, a weaker U.S....

Gas Prices Back At $3 A Gallon

AP | John Wilen | Posted 05.25.2011 | Business

Gas prices rose back to $3 a gallon at the pump Friday, following rising oil futures on concerns about tight inventories and potential supply disrupti...

Oil Prices Go Up

AP | John Wilen | Posted 05.25.2011 | Business

Oil futures rose Tuesday, but retreated from earlier highs, after the Federal Reserve cut a key interest rate by one-quarter of a percentage point to ...

OPEC's Dilemma: Raise Or Hold Oil Supply

New York Times | JAD MOUAWAD | Posted 05.25.2011 | Business

After a year of dizzying gains for energy markets, a rapid fall in oil prices lately is posing a dilemma for OPEC, the oil-producing cartel. Should O...