Topic: New York Mercantile Exchange

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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.
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.
Oil prices fall below $107 a barrel

Oil prices dip on concerns about China's growth. But oil prices are up from $75 a barrel in October.
Gold prices, commodities fall on China weakness

Gold prices drop more than $20 an ounce. Copper, oil, and soybean prices also decline as concerns mount about an economic slowdown in China. Gold prices close below $1,650 an ounce.
Stocks rise as Greece nears debt swap deal

The Dow gained 70 points to close at 12907 Thursday as Greece closed in on a deal to restructure its debt and avoid a default.
The Reformed Broker
The Fed's stock market anxiety

The Federal Reserve is intent on keeping the stock market rolling higher, no matter the cost.
Stock market takes a dive, ending 2012 rally

Stock market suffered its biggest losses of the year Tuesday amid worries about the global economy and Greece. The Dow fell 203 points to close at at 12759 in its biggest drop since November.
$5 gas? Prices creep upward once again.

America could see $5 gas this year, as prices march toward $4 a gallon well before the annual summer spike. How much of the country could see $5 gas?
Oil nears $110 a barrel, gas prices jump 12 cents a gallon in a week. Eek!

Tensions with Iran have markets 'convinced there will be some type of confrontation,' says an energy analyst. Oil buyers are starting to 'horde,' and nervousness is affecting gas prices.
Oil prices soar as Iran cuts off supply

Oil prices jumped to $105 per barrel Monday after Iran halted exports to Britain and France. Oil prices are now at a nine-month high.
Stock market: Futures slide on Greek indecision

Stock market looks to open lower as emergency talks fail to produce Greek rescue package. A disorderly Greek default could send shock waves through the stock market.
Stocks fall. Greece weighs on markets.

Stocks are down in Asia and Europe ahead of a key European summit. S&P futures are also lower. Investors shun stocks as concerns linger about Greece's long-term solvency.