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European stocks slipped to their lowest close in six weeks on Wednesday, weighed by heavy losses in oil stocks, which tracked a sharp fall in the price of crude.
European stocks ended higher on Tuesday, trimming some of the previous day's losses as Royal Bank of Scotland and UBS recovered, while a fall in oil prices helped bolster sentiment.
The 2008 hurricane season officially begins on Sunday, and active season could have serious implications for energy prices.
High prices in the commodities markets have more to do with supply and demand than trader speculation, says Michael Sutherlin.
Inflation appears to be escalating sharply throughout Russia, India and other emerging markets. Fortunately, Tim Seymour may have found a safety zone.
Slightly less than 40 percent of shareholders voted at the oil company's annual meeting Wednesday to create an independent chairman.
Indonesia will quit the Organization of the Petroleum Exporting Countries because as a net oil importer it is not happy with high global crude prices, the energy minister said on Wednesday.
Exxon Mobil has scrapped with Venezuela's Hugo Chavez over nationalized oil projects and sparred with U.S. senators over high oil prices.
Of the five original picks, four can stay. Here's which one gets the boot.
A bout of risk aversion dented European stocks on Tuesday as jitters grew over potential credit-related problems at banks and inflation, while typically defensive stocks such as pharmaceuticals and food rallied.
European shares ended lower on Monday, led by Swiss bank UBS on concerns about further asset writedowns.
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This much is clear: European nation states are focusing on different ways of securing energy supplies for the long-term through a mix of politics and innovation.
European stocks fell 1.7 percent on Friday, losing ground for the third time in four sessions as a dip in metal prices prompted investors to book recent lofty gains on mining shares.
As consumers began hitting the road Friday for the Memorial Day weekend, they faced the sobering reality that it now costs $87 to fill a Ford Explorer SUV, up $14 from last year, and $72 to fill a mid-sized Honda Accord, up $12
The U.S. Air Force operates the "world's largest airline" and every $10-per-barrel increase in crude oil boosts its annual operating costs by $610 million, Air Force Secretary Michael Wynne said on Thursday.
Its price has become one of the most widely discussed, debated and feared topics on Wall Street and on Main Street. But what's next? Will it continue to climb toward a "super spike" or have we seen the top for oil prices?
European shares ended higher on Thursday, lifted by telecom stocks and by banks which gained on consolidation talk, while a dip in the price of crude took energy stocks lower.
Tell Us: Who's to Blame for America's Oil Crisis?
So what now for both teams? United have done the double and repeated the feats of their team in 1999. Their challenge will be motivating themselves to do it all again. For Chelsea they end the season without a trophy for the first time in three seasons. Motivation next season should not be an issue.