Oil Economic Geography

Oil Price News

Stock takes : Investors feel the fearThursday, July 29, 2010 @ 7:28PMVolatility in the markets has retail investors running scared at what could be exactly the wrong time.Figures from FundSource this week show retail funds under management fell by a whopping $503 million in the three months to...

Canadian stocks register gains on busy profit-reporting dayThursday, July 29, 2010 @ 7:25PMCanadian stocks seesawed on Thursday and finally made some gains. The S&P/TSX Composite Index closed up 32.00 points, or 0.27 percent, at 11,728.64. Seven out of 12 sectors on the Toronto Stock Exchange registered some losses but the losses and gains of all the sectors were less than one percent.

U.S. Corporate Credit Risk Falls Amid Jobless Claims Decline, Swaps ShowThursday, July 29, 2010 @ 7:20PMA benchmark indicator of corporate credit risk in the U.S. fell after the government reported a bigger-than-estimated drop in jobless claims.

FOCUS: OPINIONThursday, July 29, 2010 @ 7:12PMOf the innumerable tragedies caused by the ongoing leak in the Gulf of Mexico, few are as poignant as the plight of Vietnamese fishermen who plied the waters off Louisiana, Mississippi and Alabama.

Gloomy Fed pulls markets lowerWednesday, July 28, 2010 @ 9:15PMA downbeat US Federal Reserve economic assessment has pulled global share markets lower.

BP Aims For Quick Well Kill; Weighs Asset SalesWednesday, July 28, 2010 @ 9:11PMHOUSTON/MIAMI, July 29 (Reuters) - BP Plc may permanently shut the well that caused the worst off-shore oil spill in U.S. history as early as Monday, the company said as speculation grew over assets it might sell to cover mounting costs.

Chicago wheat futures hits 13 month high on Russian export worriesWednesday, July 28, 2010 @ 9:09PMChicago wheat surged to a 13-month high Wednesday on speculations that the severe and persistent drought held southern Russia in its grip may largely reduce its wheat exports and increase demand for U.S exports. Soybean and corn both rallied.

Haslam makes campaign stop at family-owned PilotWednesday, July 28, 2010 @ 9:06PMKNOXVILLE, Tenn.— Republican gubernatorial candidate Bill Haslam has made a campaign stop at the Knoxville headquarters of the family-owned Pilot Corp. chain of truck stops.

Gold recovers as lower prices tempt buyersWednesday, July 28, 2010 @ 9:06PMLONDON, Jul 28 (Reuters) Gold rose above $1,160 an ounce in Europe on Wednesday as price-sensitive buyers were tempted back to the market by the previous day's dip to three-month lows, with strong demand reported from major consumer India.