Sector: Oil and Gas Equipment

Traders say weak U.S. ISM services data and other poor economic data from Europe trumps positive U.S. manufacturing data earlier this week and is adding to the pressure on oil prices.    Read More

Palladium raced ahead of all other metals in April. After climbing double digits in the first quarter, platinum and silver futures were down 4 and 5 percent, respectively. Both metals lost ground for the second consecutive month. Copper prices were flat, and gold seems to have lost its luster, posting its third straight monthly decline.    Read More

Relative to the S&P 500, General Electric should give investors 'at least' double the return over the next two years, Jack De Gan, Harbor Advisory CIO told CNBC Friday.   Read More

WTI oil futures have recovered earlier losses to climb to session highs over $104.74 a barrel, after positive data on the U.S. manufacturing sector and a flow of money into commodities at the start the new quarter.    Read More

The looming Iranian oil embargo has heightened the concern of risk to global oil supplies. Meanwhile, energy production in this country is booming.    Read More

Gas prices have pushed the economy into the early stages of demand destruction, said Richard Hastings, a consumer strategist at Global Hunter Securities. He said he expects to see a mild reduction in retail sales growth starting in May.    Read More

Weaker manufacturing data from China and the euro zone weighed on oil prices Thursday. The May 12 West Texas Intermediate futures contract dropped below key support of $104.88, which is the 50 percent retracement of the February rally that took the contract from $98.38 to $110.95.    Read More

It is the hot topic from the gas pump to Washington to the trading pits at the New York Mercantile Exchange: Will rising tensions with Iran push energy prices back above 2008 record levels this spring? Fund managers are apparently betting that they will.    Read More

Traders are bidding up natural gas prices after an executive from Chesapeake Energy spacer reiterated that low prices may force the company to significantly cut gas production.    Read More

Despite pronouncements by Saudi royalty and oil officials that that country will not let the price of oil go above $100 a barrel, Brent crude prices now appear poised to breach $120 a barrel.    Read More