Fuels Markets

Ranchers turn millionaires as prairies ooze black gold

gulfnews.com     10 hrs ago          

Ted Kupper does not look like a man on the fast-track to millionaire status. The rancher still wears his favourite old baseball cap, pulled down low over his craggy sun-weathered features and grey walrus moustache, as he...                    

American Airlines wants to delay Chicago-Beijing route by a year

star-telegram.com     2 hrs ago   2 related          

American Airlines has asked regulators to delay the launch of its Chicago-to-Beijing route for a year, citing high fuel prices and the soft economy. The Fort Worth-based carrier was scheduled to begin the flight April 9....                    

Gold Seeker Weekly Wrap-Up: Gold and Silver End the Week with Slight Gains

goldseek.com     8 hrs ago          

By: Chris Mullen, Gold-Seeker.com -- Posted Friday, 29 August 2008 | Digg This Article | Source: GoldSeek.com Please Note: US and Canadian markets are closed on Monday in observance of Labor Day. before they fell back...                    

Minister: Tax from Petronas will lower deficit next year

thestar.com.my     7 hrs ago          

SECOND Finance Minister Tan Sri Nor Mohamed Yakcop has described the increase in the budget deficit from 3.2% to 4.8% as a “one-off thing”, adding that it was due to increased Government spending to help alleviate the...                    

Lukoil 2Q profit rises, misses view

signonsandiego.com     10 hrs ago   1 related          

MOSCOW – Russia's biggest independent oil producer, OAO Lukoil, on Friday posted a 64 percent profit increase in the second quarter on higher oil prices and revenue. The increased profits came on high oil prices and a...                    

Street Slumps Into Holiday (at Forbes.com)

yahoo.com     10 hrs ago          

With many market pros taking off early for the three-day holiday weekend, it was a challenge to draw any defining conclusions from Friday's light-volume session. Oil prices surged in the morning but finished lower by day's...                    

Russell pares Thursday’s gains on dismal economic data, oil (SmallCapInvestor.com)

yahoo.com     11 hrs ago   1 related          

Friday August 29, 12:29 pm ET The Russell 2000 is sinking on the session, as a grisly personal income report, oil’s assent, and Dell’s disappointing earnings sucked the wind out of Thursday’s equity rally—though on light...                    

Four at Four: Digesting Gustav

wsj.com     10 hrs ago          

Gustav’s current path (Accuweather.com) When a storm is bearing down, it’s best to batten down the hatches and otherwise cease all activity, and even those in the commodity markets recognize that. The price of oil rolled...                    

Canadian Dollar Strength Relying On Oil And Growth (Daily FX)

yahoo.com     6 hrs ago          

Hurricane Gustav, which is expected to hit the gulf coast over the weekend, has propped oil futures above $118 during Friday?s trading session, and may spur bullish sentiment for the Canadian dollar if crude oil prices...                    

Friday Options Update: XLK, DELL, CBS, UNG, HRB, SUN (at Seeking Alpha)

yahoo.com     4 hrs ago          

by: Andrew Wilkinson posted on: August 29, 2008 | about stocks: Rebecca Engmann Darst contributed to this report. In the September contract a strangle involving the 23 and 25 strikes and 25,000 contracts. Dell Inc. – A...