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Topic: New York Mercantile Exchange

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  • Gas prices rise as Isaac throttles the Gulf

    Gas prices are expected to jump 10 cents Monday to $3.008 per gallon. The rise in gas prices comes as Tropical Storm Isaac churns its way through the Gulf of Mexico.

  • Stock futures nudged higher by possible ECB deal

    Stock futures in the US edged higher Tuesday morning on hopes that the European Central Bank will work out a deal to help Spain and Italy borrow at cheaper rates. Stock futures on the Dow rose 0.2 percent to 13,255.

  • Oil prices hit three-month high. US eyes oil reserves.

    Oil prices jump to $96 a barrel, the highest level since May, on improved prospects for the economy. Obama administration says tapping strategic oil reserve is an option.

  • Spain bailout? Market worries eased by ECB comments.

    Spain bailout concerns have rattled markets in recent days. But stock markets rose after the European Central Bank hinted that it could intervene to lower the nation's borrowing costs, reducing the potential for a full-blown Spain bailout.

  • Oil prices fall below $87 per barrel on Chinese economic warnings

    Oil prices fell slightly in Asia Monday on downbeat economic comments from China's premier. Oil prices fell 41 cents to $86.69 per barrel.

  • Oil prices near $85 per barrel as supplies dwindle

    Oil prices rose Tuesday as US supplies fell for the second straight week. Benchmark oil prices for August were up 92 cents to $84.83

  • Oil prices fall as optimism over EU plan fades

    Oil prices fell below $84 a barrel Monday as euphoria over the latest plans to solve the eurozone's economic woes faded. Oil prices were down $1.32 to $83.64 by late after noon Singapore time.

  • Oil prices fall ahead of eurozone meeting

    Oil prices dropped to near $80 a barrel Thursday as markets awaited a meeting between Europe's leaders menat  to find solution's to the region's debt crisis. Benchmark oil prices were down 17 cents to $80.04 per barrel.

  • Oil prices increase, but stay near 8-month lows

    Oil prices made small gains above $78 a barrel Friday but remained near eight-month lows after signs of slowing global economic growth triggered a sharp plunge this week. Most indicators hint at a continuing slide for oil prices.

  • Gas prices drop, following oil's lead

    Gas prices across the US continued to drop Tuesday, as the national average dropped below $3.50 a gallon for the first time since February. Gas prices are following oil's price decline, though oil prices ticked up slightly.

  • US stocks meander as European debt crisis festers

    US indexes opened lower, then drifted between modest gains and losses. Homebuilders rallied after a measure of confidence rose to a five-year high. The Dow Jones industrial average closed down 25 points, to 12,741.

  • US stocks down early as Europe takes center stage

    US stocks slipped Monday as the markets remained focused on the news in Europe. US stocks futures on the Dow fell 65 points to 12645 as optimism over Greek elections failed to dim worries over the eurozone's continuing debt issues.

  • Oil prices slide as hopes for Greece fade

    Oil prices fell near $83 per barrel Monday as worries lingered over the eurozone debt crisis despite optimism over Greek election results. Benchmark oil prices for July were down $0.75 to $83.28 a barrel.

  • Oil prices hit eight-month low in Asia

    Oil prices near $81 a barrel in Singapore trading. London also sees oil prices fall as worries rise about the adequacy of Spain's bank bailout.

  • Stock market rescue? Spain's bailout buoys stocks.

    Stock market in Spain rises 2.5 percent, after Europe announcement of a bailout for its banks. Asia and other European markets also move up, as futures point to a higher open on the US stock market. 

  • Oil prices rise on optimism about Greece

    Oil prices near $92 a barrel after weekend opinion polls show Greece's austerity parties could form a coalition. In London, oil prices move up nearly $1 a barrel.

  • Memorial Day: good news on gasoline prices, and it may get better

    Memorial Day weekend, the start of the summer driving season, will see gasoline prices at their lowest in two years. Concerns about Europe and optimism about Iran have helped cut the cost of crude.

  • Oil prices fall to seven-month low

    Oil prices edge down below $91 a barrel as tensions ease over Iran nuclear program. London's Brent crude oil prices fall to $107.

  • Oil prices remain below $95 a barrel

    Oil prices in Asia are near a five-month low. Concerns that Greek election chaos could undermine confidence in Europe are behind sagging oil prices.

  • Oil prices fall below $96 a barrel

    Oil prices in Asia fall on concerns about slowing economic growth. Oil prices have fallen about 10 percent since last week.

  • Stocks slide as doubts about Europe simmer

    Stocks pitched down Wednesday in the US as borrowing rates climbed for Spain and Italy, a sign that investors are losing confidence in those countries' finances. The Dow lost 97 points to close at 12835 – its sixth consecutive day of losses.

  • Consumer Energy Report High gas prices? Don't (always) blame oil speculators.

    Most people would probably agree that speculation in the oil and gas markets is hurting American consumers. But speculation is not a one-way street where the average consumer always loses.

  • Apple earnings lift stocks worldwide

    Apple earnings exceeded expectations, causing stock markets to rise from Japan to Germany. US stock futures also get a boost from Apple earnings. 

  • Oil prices drop to $103 a barrel

    Oil prices fell to near $103 a barrel Monday. Oil prices have been falling because of investor worries that economic growth in the US and China may slow more than previously expected.

  • Stock market gets boost from earnings, Germany

    Stock market futures in US as well as exchanges across Europe buoyed by German business optimism, US earnings. German stock market up 1 percent. 

Doing Good

 

What happens when ordinary people decide to pay it forward? Extraordinary change...

Scott Budnick works in the dining room as customers arrive for a free meal at the Mathewson Street Friendship Breakfast in Providence, R.I.

Scott Budnick serves breakfast – with a side order of respect – to the homeless

Sunday breakfast at a Providence, R.I., church is more than a free meal. Half the volunteers are homeless themselves: 'It's their [own] breakfast that they're putting on.'

 
 
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