Futures Movers: Crude contract rallies, trades above $127 a barrel for first time
marketwatch.com: Global Resources Trader marketwatch.com
marketwatch.com     May 16, 2008            

Oil futures rally to record atop $127 a barrel NEW YORK (MarketWatch) -- Crude-oil futures rallied to a fresh record high of $127.43 a barrel Friday, as bullish momentum returned to the market and traders rushed to buy energy futures. "Considering how sensitive the markets have been to the upside... [read full story]                    


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Why oil won't fall below $100

cnn.com     2 hrs ago   229 related          

Last week falling oil prices looked unstoppable. The last few days have seen a halt in that slide. Still with prices well below the record set in July and a shaky world economy threatening demand, the question remains: How low...                    

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Heinz gains, Hormel hurts on high costs in quarter

ibtimes.com     2 hrs ago   8 related          

MILWAUKEE - Rising commodity costs kept weighing on food makers H.J. Heinz Co. and Hormel Foods Corp. in the most recent quarter, even as consumers continued to swallow price increases for their favorite foods. Hormel Foods...                    

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Airline Stocks: Oil jumps to $122 a barrel, sending carriers tumbling

marketwatch.com     2 hrs ago   2 related          

Airlines get bruised after oil prices hit $122 a barrel By Christopher Hinton, MarketWatch NEW YORK (MarketWatch) -- A sharp jump in oil prices and a weaker U.S. dollar had airline investors scrambling for the exit early...                    

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Environmental Defense Fund: 20 Energy Solutions - From You

eco-cide.com     2 hrs ago          

This post is by Sheryl Canter, an online writer and editorial manager at Environmental Defense Fund. Last week we sent an email to our action network asking how people were coping with high oil prices. The response on our...                    

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