Oil steady above $126
                   
reuters.com     May 12, 2008            

PERTH (Reuters) - Oil hovered close to record levels above $126 a barrel on Monday as violence in the Middle East heightened worries of supply disruptions in the world's largest crude producing region. ... By Fayen Wong PERTH (Reuters) - It closed $2.27 higher at $125.96... [read full story]                    


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Retail shares open lower on oil price, outlooks (at MarketWatch)

yahoo.com     9 mins ago          

NEW YORK (MarketWatch) - Retail shares opened lower Thursday amid a rise in oil prices and concerns about retailers' second-half outlooks. The S&P Retail Index shares tumbled 17% after the company gave a second-half outlook...                    

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U.S. airlines seen as down but not out

upi.com     14 mins ago   2 related          

Quotes delayed at least 20 mins. NEW YORK, Aug. 21 (UPI) -- Troubled times at U.S. airlines may not be over, but there is some light at the end of the tunnel, aviation industry analysts say. The biggest change in the last two...                    

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Stocks Open Lower as Financials Drag (at CNBC)

yahoo.com     15 mins ago          

STOCKS, FANNIE, FREDDIE, OIL, CURRENCIES, FED US stocks opened sharply lower Thursday as worries about the future of Fannie Mae, Freddie Mac and Lehman Brothers weighed on the market. Due out later in the morning is a report on...                    

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Oil rises past $119 on Russian tensions

iht.com     28 mins ago   185 related          

Oil prices jumped above $119 Thursday as rising antagonism with Russia underscored the possibility it could affect energy shipments from the world's second-largest oil producer. The weakening U.S. dollar, a fall in U.S....                    

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