BP resumed pumping drilling fluid into a stricken oil well after stopping late Wednesday when engineers saw that too much of the fluid was escaping along with the leaking crude oil, the NYT reports.
Wall Street may finally shift its focus back to the U.S. economy, after weeks of zeroing in on problems in the euro zone. The big report of the week? Friday's May employment number, which could be a game-changer.
Days before the explosion on the Deepwater Horizon oil rig, BP officials chose a type of casing for the well that it knew was the riskier of two options, the NYT reports.
Confused yet? Stocks rallying worldwide, but off their highs, as China denying it is reviewing its holding of euro sovereign bonds, while Spain won parliamentary backing for an austerity budget (by a single vote!). Few believe this...
Several days before the explosion on the Deepwater Horizon oil rig, BP officials chose, partly for financial reasons, to use a type of casing for the well that the company knew was the riskier of two options, according to a BP document. The NYT reports.
A memo offers the most detailed accounting of the events and decisions made aboard the Deepwater Horizon in the final hours before the April 20 blast, the New York Times reports.
The BP oil disaster off the coast of Louisiana is affecting the progress of wind power as an energy alternative at the world's biggest energy conference in Dallas.
Energy traders keep insisting that oil stocks related to the gulf spill have been oversold. But the situation seems to get worse not better. How should you position?
Should you position for a market that’s about to climb or is there a whole lot more selling to come?
With data from ThomsonReuters, we took a look at which stocks have mean consensus estimates furthest above their stock prices (as of market close on 5/21/10).
A massive sell-off on Wall Street Thursday thrust the stock market into an official correction. Now, some traders are warning that a bear market lies ahead.
Technicians were gingerly moving joysticks to guide deep-sea robots and thread a 6-inch tube with a rubber stopper into the 21-inch pipe spewing oil from the ocean floor. That work continued Saturday morning for a second day.
BP Friday was attempting to insert a pipe to siphon oil from a blown out undersea oil well in the Gulf of Mexico and channel it to the surface, a company executive said.
It appears some of the energy companies called to Capital Hill may actually benefit from being grilled by lawmakers.
Over the past few years, the outlook from Cisco CEO John Chambers has been spot on. That combined with technical action makes the traders nervous.
Political patience is washing away for BP executives who can't stop a broken underwater well from spewing oil into the Gulf, where crews were trying the latest solution—submerging a second containment box designed to funnel the gusher to a waiting tanker.
The Obama administration is proposing splitting the agency that oversees offshore drilling in response to the Gulf Coast oil spill. The New York Times reports.
With so many mixed signals in the market, should you bias toward being bullish or bearish?
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The massive oil spill in the Gulf of Mexico has negatively impacted the shares of the companies involved. Will it have a direct effect on crude oil prices? Jason Gammel, managing director of research at Macquarie, and Fadel Gheit, managing director and senior analyst at Oppenheimer, offered CNBC their insights—and stock calls.