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  • Chevron Declares Force Majeure on Nigeria Oil Exports Wednesday, 25 Jun 2008 | 4:20 AM ET

    U.S. oil major Chevron declared a force majeure on its Nigerian Escravos crude oil exports after armed youths blew up a supply pipeline last week, a company official said on Wednesday.

  • Saudi and China Make Biggest Impact On Oil Friday, 20 Jun 2008 | 4:35 PM ET
    Saudi Arabia

    Washington has been talking tough on oil prices on several fronts, calling for new trading regulations on speculators and reopening offshore oil drilling. But it's successful jawboning two of our major allies that seems to have had the biggest impact on prices this week.

  • Oil Friday, 20 Jun 2008 | 3:54 PM ET

    The record run-up in oil prices over recent years is igniting fierce debate over the "peak oil" theory — that once the maximum rate of global production is reached, a steep decline ensues.   Here we present two squarely opposed viewpoints on the issues from rivals who have been sparring for years. 

  • Investment Guide: Exchange Traded Funds Friday, 20 Jun 2008 | 3:52 PM ET

    Not long ago, it was hard for retail investors to play the oil patch. Not anymore. As the energy bull market rages on, investors looking for a piece of the gains in oil and gas (and alternative energy) need only select from the dozens of energy-oriented Exchange Traded Funds (ETFSs) that are cropping up to meet demand.

  • Geothermal Friday, 20 Jun 2008 | 3:52 PM ET

    Geothermal power has not only been getting investor attention recently, but it can lay claim to being perhaps the oldest of renewable energy sources.  It is also genuinely renewable. Estimates vary considerably, but all say the potential is vast compared to what exists today.

  • Investor Resource Guide: Energy Mutual Funds Friday, 20 Jun 2008 | 3:51 PM ET

    With the proliferation of energy-oriented mutual funds over the last ten years, getting a piece of this supercharged, if highly volatile, sector has never been easier. But energy funds have been notoriously hot and cold over the years, so investors should allocate no more than 5 percent of their total portfolio to this sector.

  • Stocks Pull Off a Gain; Oil Drop Buoys Techs Thursday, 19 Jun 2008 | 5:04 PM ET

    Stocks bobbed up and down Thursday, struggling to hold onto gains, as investors weighed oil's retreat against a dismal manufacturing reading and a fresh wave of concern about banks.  Oil slipped nearly $5, settling at $131.93 a barrel.

  • Stocks Grapple With Oil Drop, Downgrades Thursday, 19 Jun 2008 | 2:51 PM ET

    Stocks wavered Thursday after a dismal manufacturing reading and a slew of analyst downgrades.

  • Stocks Wobble Amid Slew of Downgrades Thursday, 19 Jun 2008 | 11:32 AM ET

    Stocks wavered Thursday after a dismal manufacturing reading and a slew of analyst downgrades.

  • Dow Drops Below 12000; Upgrade Boosts AIG Thursday, 19 Jun 2008 | 10:33 AM ET

    Stocks declined Thursday, with the Dow dropping below the key 12000 mark, but were cushioned by AIG's advance.

  • Oil Supply Disruptions Are The More Immediate Concern Wednesday, 18 Jun 2008 | 3:54 PM ET

    Even if Congress agrees to lift the moratorium on offshore drilling (a long-shot, for sure), getting that oil into the market will take years. Addison Armstrong, Tradition Energy's director of energy research, estimates it will take 10 years -- at a minimum -- to get 1 million barrels/day of oil moving from fields in the Arctic National Wildlife Refuge.

  • Stocks Slide as Bank Worries Rattle Market Tuesday, 17 Jun 2008 | 5:08 PM ET

    Stocks fell sharply Tuesday as a warning from Goldman Sachs that banks may need to raise another $65 billion rippled through the market, offsetting any positive impact from Goldman's earnings.

  • Oil Prices: Volatility Like Never Before Thursday, 12 Jun 2008 | 3:15 PM ET

    All day we've been talking about the dollar as the key driver in the direction of oil prices today. As the greenback rebounded against the euro and oil fell over $4 at the lows of the session. But in the last hour and a half of trading, with the dollar still higher, oil erased most of its losses and looks poised to settle basically unchanged.

  • Dow at 3-Month Low as Oil Fuels Inflation Jitters Wednesday, 11 Jun 2008 | 5:07 PM ET

    Stocks tumbled Wednesday as oil's resurgence lit the fuse of inflation fears, pushing the Dow to a three-month low.  Oil jumped about $5 a barrel, settling at $136.38. Financials were the hardest hit.

  • Dow Ekes Out a Gain, Led by Coke Tuesday, 10 Jun 2008 | 4:54 PM ET

    Stocks struggled to hold gains Tuesday as bank stocks rallied but comments from Bernanke hung over the market like a cloud. Oil dropped more than $3 to settle at $131.31 a barrel.

  • Stocks Struggle to Hold Gains; Coke Leads Dow Tuesday, 10 Jun 2008 | 2:38 PM ET

    Stocks ticked higher Tuesday as the rally started in bank stocks and then filtered into the broader market.

  • Dow Plunges 400 Points as Oil Fans Fears Friday, 6 Jun 2008 | 5:16 PM ET

    The Dow plunged more than 400 points as the sharpest jump in the unemployment rate in more than 20 years and rocketing oil prices sparked concerns about stagflation. Oil jumped more than $11 a barrel to close at a record $138.54.

  • Dow Plunges 360 Points as Oil Fans Fears Friday, 6 Jun 2008 | 3:32 PM ET

    Stocks plunged as the sharpest jump in the unemployment rate in more than 20 years and rocketing oil prices sparked concerns about stagflation. Oil jumped more than $11 a barrel to close at a record $138.54.. Chevron was the lone star on the Dow. Nat Semi jumped -- a rare feat on this landslide day -- after the chip maker posted better-than-expected earnings.

  • Jobs Report Crushes Dow; Nat Semi Jumps Friday, 6 Jun 2008 | 12:17 PM ET

    Stocks plunged after the sharpest jump in the unemployment rate in more than 20 years and news that wholesale inventories ballooned. Oil jumped $6 a barrel. Chevron was the lone star on the Dow. Nat Semi jumped -- a rare feat on this landslide day -- after the chip maker posted better-than-expected earnings.

  • GM Is Close to Acquiring Supplier Cobasys Thursday, 5 Jun 2008 | 11:40 PM ET
    GM logo, General Motors logo

    General Motors is close to acquiring Cobasys, a struggling joint venture that supplies batteries to some of its hybrid vehicles, trade publication Automotive News reported on Thursday.