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Topic: New York Mercantile Exchange

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  • 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. 

  • Opinion Why Obama can't control gas prices

    Many of us fail to understand a near-maxim of gas prices: No one can really control them and certainly not an American president. And we should know why that is the case since the price of gasoline impacts us all and the global economy.

  • Oil prices back up over $103 a barrel

    Oil prices in Europe edged up in trading in anticipation of talks with Iran over its nuclear program. Oil prices peaked at $110 last month.

  • Gasoline prices: Have we reached the top yet, or just a false summit?

    The danger of consumer sticker shock faded at the pumps this week as gasoline prices appeared to hit a plateau. But analysts are divided over where they go from here. 

  • Oil prices drop ahead of Iran talks

    Oil prices fall below $102 a barrel. Iran set to negotiate its nuclear program with six major powers Friday, pushing oil prices even lower after last week's fall on weaker US demand.

  • Oil prices edge down toward $106 a barrel

    Oil prices slip as investors eye slowing economic growth and risk of supply disruptions because of Iran impasse. An Australian bank forecasts oil prices will stay above $100 a barrel through 2012.  

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