BRASILIA, April 20- Brazils President Dilma Rousseff must assume her share of responsibility for the controversial purchase of a refinery in Texas by Petroleo Brasileiro SA, the former chief executive of the state-run oil company said in an interview published on Sunday.» Read More
Chrysler Chief Executive Robert Nardelli expects the automaker to lose $1.6 billion this year, the Wall Street Journal reported in its online edition, citing sources familiar with the matter.
Stocks are getting a bounce on ADP's jobs report, which already has some on Wall Street revising their view on the government jobs report due Friday and is adding to the debate on what the Fed will do next week. The ADP National Employment report, released this morning, showed a surprisingly strong gain in November private sector jobs of 189,000.
OPEC agreed on Wednesday to keep exports unchanged, rebuffing consumer country calls for more crude to rein in $90-a-barrel oil.
Russia's Gazprom, the world's largest gas producer, reported on Wednesday a worse than predicted 20 percent fall in second-quarter net profit, blaming lower sales in Europe and higher operating expenses.
Perhaps the most obvious of the long-term bull markets. But picking the right oil stock isn't so easy.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
OPEC's big Gulf producers are keeping the door open for higher oil exports when the group meets Wednesday in Abu Dhabi.
Hi all. This is my first post for Energy Source and like Melissa says, we hope this blog to be informative and fun. So, here I go. Questions, questions. I've been hearing a lot of questions about OPEC lately. In fact, OPEC talk has been all-consuming for the past week as oil prices have slid from over $99 a barrel to a six-week low under $89. But the bigger question many analysts and traders are asking is does OPEC really matter?
Hello and welcome to Energy Source. My colleague, Sharon Epperson and I will be blogging about the all that's energy related in this spot and we hope it will be informative and fun. We'd like to hear from you as well, so drop us an email with your thoughts and comments on anything you read here. We'll certainly post them as we go along. Here we go then.
Can 30,000 people be wrong? That's how many people have placed an order for the new Smart Fortwo b cars that hit the U.S. next year. Those early signees will no doubt be glad to see Daimler A.G. Chairman Dieter Zetsche, in Washington Tuesday promoting the impending arrival of the 'b' car early next year.
OPEC's big Gulf producers are leaving open the option of an oil supply increase that could influence whether crude prices head back towards $100 a barrel or not.
OMV, Central Europe's largest oil and gas company, said Tuesday it is redoubling its efforts to take over Hungary's MOL and has launched legal proceedings in an attempt to stop the Hungarian government from blocking the acquisition.
Does a Putin discount on Russian stocks exist? You bet. Take a look at Gazprom, an energy giant with demonstrable reserves and it trades on a lower multiple than Petrochina, a company that has to scour the world for its crude replacement.
The ag complex is on fire, Cramer says. Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
OPEC oil producers may decide not to raise supplies after a fall in crude prices from record highs, ministers from the cartel said on Monday.
OPEC oil output fell short of the agreed level in November as field maintenance in the United Arab Emirates blunted the impact of a deal to raise supply, a Reuters survey found on Monday.
OPEC will weigh a modest boost to oil supply at a meeting on Wednesday, but a $10 retreat last week in crude prices from a record high near $100 a barrel could tip the balance away from pumping more.
A constitutional referendum in Venezuela on Sunday is expected to significantly consolidate the power of President Hugo Chavez -- paving the way for a lifetime presidency and possibly an era of strong-man socialism -- but is not expected to fundamentally alter economic relations with the U.S., which are dominated by oil trade, analysts said Friday.
The Republican presidential candidate talks energy independence, trade tariffs and the mortgage crisis with Mad Money's Jim Cramer.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Multinational energy companies are looking at opportunities in Turkmenistan, a country of five million people that borders the Caspian Sea and sits on the world’s fourth or fifth largest reserves of natural gas.
While political reporters like me are largely focused on the 2008 presidential race, our dysfunctional governmental apparatus in Washington continues laboring, however haltingly, in search of some tangible accomplishments. And some of them would have significant impact on Wall Street and the business community more broadly.
Get the best of CNBC in your inbox