Highlights
A collection of news and information related to New York Mercantile Exchange published by Tribune Company sources.
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Oil hovers above $66 after weak jobs numbers undermine investor confidence
Associated Press WriterOil prices hovered above $66 a barrel Friday in light holiday trading a day after grim unemployment numbers from the U.S. and Europe sent prices tumbling. By mid-afternoon in Europe, benchmark crude for August delivery was down 16 cents to $66.57 a...Tags: Unemployment, Petroleum Industry, Marketing, Globalization, Stock Activities
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Oil, gasoline prices slide
Oil prices tumbled to their lowest level in a month on Thursday. Benchmark crude for August delivery fell $2.58, nearly 4 percent, to settle at $66.73 a barrel on the New York Mercantile Exchange. Crude hit an eight-month high in midday trading Tuesday,...Tags: Energy, Petroleum Industry, Commodity Markets, Economy, AAA
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Oil falls below $67 a barrel as dollar gains on euro, US unemployment rate rises to 9.5 pct
AP Energy WriterNEW YORK (AP) — Oil prices tumbled to their lowest level in a month Thursday following the release of woeful job numbers in Europe and the U.S. Benchmark crude for August delivery fell $2.58, nearly 4 percent, to settle at $66.73 a barrel on the...Tags: Petroleum Industry, Unemployment, Energy, Prices, AAA
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Commodities suffer as worse-than-expected jobs report sends investors in search of safety
AP Business WriterNEW YORK (AP) — Commodity prices fell sharply Thursday as a worse-than-expected jobs report sent investors in search of less risky assets. The Labor Department rattled the market when it said employers slashed 467,000 jobs in June, far more than...Tags: Petroleum Industry, New York, Chicago Board of Trade, Commodity Markets, Economy
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Baker Hughes says number of active oil rigs climbed by 11 to 928
HOUSTON (AP) — The number of rigs actively exploring for oil and natural gas in the United States rose by 11 this week to 928, the third consecutive week for an uptick after months of declines. Of the rigs running nationwide, 688 were exploring for...Tags: Petroleum Industry, Louisiana, California, Baker Hughes Incorporated, Colorado
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AP Executive Morning Briefing
The top business news from The Associated Press for the morning of Thursday, July 2, 2009: June jobless rate seen rising to 9.6 percent WASHINGTON (AP) — Out-of-work with no place to land, the legions of America's unemployed are growing. The Labor...Tags: Edward M. Kennedy, Connecticut Labor Markets, California, Government, Electronics
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Stocks advance after mixed data
Associated PressNEW YORK -- The stock market's third quarter began on a positive note Wednesday after some reassuring data on manufacturing and the housing market. The gains were tempered, though, ahead of Thursday's June jobs report. "That's going to be the big one,"...Tags: Unemployment, Japan, Economic Indicator, Stock Market, Consumer Confidence
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Business Highlights
US auto sales declines show signs of stability DETROIT (AP) — U.S. car and truck sales showed signs of stabilizing in June after a year of sharp declines, but every major automaker except Honda Motor Co. reported lower sales than in May. Still,...Tags: Flowers, Stock Market, Plant Openings, Vehicles, AAA
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US stock futures point to higher opening ahead of data on manufacturing, housing
AP Business WriterNEW YORK (AP) — U.S. stock futures are pointing to a higher opening Wednesday as investors await data on the manufacturing and housing industries. Futures are reflecting gains in European markets, which rose after upbeat reports on manufacturing...Tags: Japan, Economy, Housing Industry, United States, Consumer Confidence
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Airline shares drop as broader stock market falls sharply
ATLANTA (AP) — Airline shares dropped Tuesday as the broader stock market declined sharply after a private research group said consumer confidence unexpectedly fell in June. Benchmark crude for August delivery dipped $1.60 to settle at $69.89 a...Tags: U.S. Airways, Southwest Airlines Company, AMR Corp., AirTran, American Airlines, Inc.
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Dow tops 8,500 mark in light trading
Despite light trading session, Dow tops the 8,500 level Investors are seeing a jump in oil prices as reason to snap up stocks in the final days of the second quarter. Energy, industrial and materials stocks pulled the market higher in light trading...Tags: Petroleum Industry, Bridge Bancorp Incorporated, Sales, Long Island, Apple Inc.
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China to boost oil reserves; price up
Associated PressSIOUX FALLS, S.D. — Oil prices settled above $71 a barrel Monday, as China said it would boost reserves and Nigerian militants partly shut down an offshore oil platform belonging to Royal Dutch Shell PLC. Benchmark crude for August delivery...Tags: Petroleum Industry, China, Commodity Markets, Royal Dutch Shell Plc, Economy
Jul 3, 2009
|Story| Associated Press
Jul 3, 2009
|Story| South Florida Sun-Sentinel
Jul 2, 2009
|Story| Associated Press
Jul 2, 2009
|Story| Associated Press
Jul 2, 2009
|Story| Associated Press
Jul 2, 2009
|Story| Associated Press
Jul 1, 2009
|Story| Los Angeles Times
Jul 1, 2009
|Story| Associated Press
Jul 1, 2009
|Story| Associated Press
Jun 30, 2009
|Story| Associated Press
Jun 29, 2009
|Story| Newsday
Jun 30, 2009
|Story| South Florida Sun-Sentinel
