Topic: New York Mercantile Exchange
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Photos of the Day: Photos of the day 03/14
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Photos of the Day: Photos of the Day 03/07
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Global markets drop sharply on US, Europe outlook
Global markets reflect worry about rising interest rates for eurozone's weakest nations and possibility of a US recession. Among global markets to tumble most: Germany, down 5.3 percent and France, down 4.7 percent.
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Gas prices rise as Labor Day nears
Gas prices rise to average $3.63 a gallon nationally. In a year, gas prices have risen 95 cents.
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Stocks rise worldwide
Stocks up in Asia, Europe after Fed chairman's speech. Futures point to higher open for US stocks.
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European stocks rise for second day
European stocks shrug off local debt woes, while traders look forward to Bernanke speech. But European stocks are expected to remain volatile.
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Oil stocks up as battle rages on in Libya
Oil stocks are back up Tuesday, amid confusion about the situation in Tripoli. After falling yesterday, oil stocks rose today in Europe, and prices for benchmark oil for October delivery were up to nearly $86 in Paris in the afternoon.
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Gold prices shoot past record $1,800 an ounce
Gold prices jumped on Wednesday as fears about Europe's debt crisis intensified. Gold prices were at about half of the current level prior to the financial crisis, during the summer of 2008.
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Oil prices rise as traders mull demand prospects
Oil prices rose after the Fed's announcement on Tuesday that it would hold interest rates low for the next two years. Still, oil prices are down about $18 a barrel since July 22.
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Crude oil prices fall after S&P downgrades US debt
Crude oil prices dropped more than $3 a barrel on Monday to about $83. The drop brings crude oil prices down more than $30 since May.
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Crude oil prices fall 2 percent
Crude oil prices drop sharply amid rising worries about global economy. West Texas Intermediate crude oil falls to $84.93.
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Oil futures falter on debt, storm concerns
Oil futures slipped 3 cents to $97.38 a barrel for West Texas Intermediate crude. In London, Brent oil futures fell 5 cents to $117.38.
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Gold prices follow each twist in debt-limit talks
Gold prices got whipsawed Wednesday as investors tried to determine whether a debt-limit deal would happen. If it doesn't, gold prices could soar.
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Stocks are up, Greece is saved!
Stocks rallied with news of a new package of loans for Greece on Thursday. How long can stocks hold on to the good news?
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Oil futures top $100 a barrel
Oil futures swayed by better outlook for US economy and Greek aid deal. It's the first time since early June that oil futures have breached the $100 level.
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Gold prices plummet on debt talk
Gold prices reached a record $1,610 an ounce Tuesday. But after Obama praised bipartisan debt-limit plan, gold prices fell $25.
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Debt worries loom, but stocks move up
Debt problems in US, Europe don't stop investors from buying up stocks. But analysts warn debt woes remain markets' primary concern.
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Gold market: Even US debt accord won't slow rally for long
Gold market closes at new record: above $1,600 an ounce. A compromise on the debt limit could send the gold market down, but only temporarily.
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Crude oil steady after big price drop
Crude oil moved above $91 a barrel Friday, a day after the International Energy Agency announced it would release 60 million barrels of crude oil from reserves.
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Why is Obama tapping the Strategic Petroleum Reserve, really?
The administration's decision to release 30 million barrels of oil from the Strategic Petroleum Reserve is pure politics, say some. The White House says it's trying to offset a drop in Libyan light sweet crude – needed for gasoline – at the height of the summer driving season.
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US to tap Strategic Petroleum Reserve to drive gas prices down
Energy Secretary Stephen Chu cites crude oil disruptions in Libya and elsewhere as reason to open the Strategic Petroleum Reserve now. Gas prices, however, have been falling in recent weeks.
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Greece bailout hopes lift Asian markets
Greece bailout talks involve a second rescue package roughly the size of the first. But Greece bailout could be delayed until July.
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Stock markets take a battering
Stock markets in Asia, Europe fall sharply after US stock markets plunge and Greek debt worries rise. Futures point to rebound in the US.
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Oil stocks rise, oil prices fall
Oil stocks are climbing globally, which is sending oil and gasoline prices lower. One factor behind rise in oil stocks: a resurgent Iraq.
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Stock prices up globally, but on low volume
Stock prices mostly rise on world markets. Germany, France, and several Asian markets see stock prices go up. But markets in US, Britain closed due to holidays.
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Oil futures fall more than 2 percent
Oil futures close down below $98 a barrel in New York. Oil futures fall as dollar strengthens.
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Stock prices fall sharply in Asia
Stock prices slide more than 1 percent in Japan, South Korea, and Hong Kong. Investors expect stock prices to go lower, analyst says.
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