Chesapeake Energy Corp filed suit Tuesday alleging that its founder, Aubrey K. McClendon, stole 'trade secrets.'» Read More
LONDON, Oct 8- Brent crude oil fell to a fresh 27- month low under $91 a barrel on Wednesday as gloomy economic growth forecasts prompted concerns about global oil demand and U.S. inventory data confirmed abundant supply. Brent for November was down $1.30 at $90.81 by 1442 GMT, after hitting $90.57 earlier in the session, its lowest price since June 2012.
TOKYO, Oct 3- U.S. crude futures extended gains on Friday to stay above $91 a barrel, around $3 above the 17- month low hit a day earlier, supported by data showing a drop at the Cushing, Oklahoma, oil stockpiles hub and a fall in U.S. unemployment claims. *NYMEX crude for November delivery was up 16 cents at $91.17 a barrel by 0002 GMT, after settling up 28 cents at $91.01 on...
*Some in OPEC talk of cuts, Gulf members see winter rebound. NEW YORK, Oct 2- Global oil prices deepened a three-month rout on Thursday to hit their lowest since mid-2012, fuelled by growing concerns over weak demand, abundant supply and signs that Saudi Arabia is in no hurry to cut output. November crude settled up 28 cents at $91.01 per barrel, after earlier sinking to...
WASHINGTON, Oct 2- The U.S. Supreme Court on Thursday said it would consider whether a Muslim woman denied a job at an Abercrombie& Fitch Co clothing store because she wears a head scarf was required to specifically request a religious accommodation. The nine justices agreed to hear an appeal filed in the closely watched case by the U.S. Equal Employment...
West Texas Intermediate delivered into Midland, Texas, dropped some 90 cents a barrel and traded at $8.50, $8.75 and $9 a barrel below the front-month light-crude contract. West Texas Sour also fell about 90 cents and traded at $8.50 a barrel below WTI. Mars Sour delivered into Clovelly, Louisiana, slipped about 5 cents and traded at $1 and $1.10 a barrel under WTI.
Weak European economic data and a rise in oil exports from Iraq, Libya and Nigeria have eroded Brent over the past few months, pulling it down by around 14 percent this quarter, the biggest quarterly drop since the second quarter of 2012..
NEW YORK, Sept 24 (Reuters)- Brent crude oil futures dropped below $96 a barrel on Wednesday to a two-year low as rising supply from Africa and Iraq offset mounting tensions in the Middle East and stronger-than-expected growth expectations in China.
Student debt has climbed to an all-time high of $1.2 trillion while all other lending categories fall.
CHICAGO, Sept 22- Russia's ban on Western meat imports, in response to sanctions imposed for its role in eastern Ukraine, contributed in part to increased U.S. pork and poultry warehouse inventories in August, an analyst said.
WASHINGTON, Sept 16- Pipeline operator TransCanada Corp is likely to haul Canadian oil sands crude by rail whether or not its embattled Keystone XL pipeline project is finally approved by Washington, the company's chief executive said on Tuesday.
NEW YORK, Sept 11- U.S. stocks were down slightly in late afternoon trading on Thursday following a decline in biotechnology shares, but gains in financials helped to limit the day's losses. Shares of JPMorgan Chase were up 0.8 percent, while shares of Bank of America were up 1.1 percent, the two biggest positives on the S&P 500..
President Obama authorizing air strikes in both Syria and Iraq, though the groups have been strong outperformers so far this year.
NEW YORK, Sept 11- U.S. stocks fell on Thursday, dropping in a broad decline that saw the number of companies hitting 52- week lows outnumber the companies hitting highs for the first time since early August.
NEW YORK, Sept 11- U.S. stocks were lower in early trading Thursday as a weak jobless claims data pushed investors to continue taking profits in a market that had rallied to repeated records. The day's losses were modest but broad, with nine of the ten primary S&P 500 sectors lower.
*Saudi says cuts output, but overall OPEC supply rises. NEW YORK, Sept 10- U.S. crude futures fell to a 16- month low and Brent to a 17- month low on Wednesday on rising supply and tepid demand and as OPEC lowered projected demand for its crude and data showed U.S. refined product stocks jumped.
*Saudi says cuts output, but overall OPEC supply rises. LONDON, Sept 10- Oil dropped to a 17- month low close to $98 a barrel on Wednesday as rising supplies and weak demand helped extend losses into a fifth session, while OPEC lowered the projected demand for its crude and U.S. product stocks jumped.
*Saudi says cuts output, but overall OPEC supply rises. LONDON, Sept 10- Oil dropped to a 17- month low below $99 a barrel on Wednesday as rising supplies and weak demand helped extend losses into a fifth session, while OPEC lowered the projected demand for its crude.
LONDON, Sept 10- Brent crude dropped to a fresh 16- month low below $99 a barrel on Wednesday with rising supplies and weak demand helping extend losses into a fifth session.
Sept 8- A federal lawsuit filed on Monday accuses Walt Disney Co, Sony Pictures and other leaders in special effects and animation of conspiring to suppress wages in the industry through "no-raid" agreements.
HOUSTON, Sept 8- In June 2013, activist investors got the board of SandRidge Energy Inc to fire its CEO Tom Ward, arguing that he had mismanaged the Oklahoma City company and destroyed billions in shareholder value.