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Oil futures surged to a new record near $94 Monday, propelled by the weak dollar and news that Mexico's state oil company had suspended a fifth of its oil production because of stormy weather. ...more
October 30, 2007
There's some good news at the gas pumps. Prices are inching down, says The American Automobile Association. ...more
October 7, 2007
Wall Street retreated Monday, taking a break from last week's big advances, as financial stocks fell amid fresh concerns about soured loans. ...more
September 25, 2007
Oil prices finished above $80 a barrel for the first time Thursday, and prices on the gasoline futures market for October rose as refiners reported production problems after Hurricane Humberto hit Texas. ...more
September 14, 2007
Wall Street finished essentially flat Wednesday, with investors still confident the Federal Reserve will lower rates next week but treading cautiously as oil prices crossed $80 a barrel for the first time and the dollar extended its decline. ...more
September 13, 2007
OPEC sought to reassure jittery oil markets Tuesday by agreeing to boost crude production by 500,000 barrels a day - a move the cartel conceded was prompted partly by 'clouds on the horizon' from the U.S. housing slump. ...more
September 12, 2007
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