Crude Oil

The Energy Report - Gas

By Price Futures Group

Natural Gas soars as natural gas exports are probably going to happen a lot faster than many thought and pain at the pump is back as refinery woes mess up the trend of lower prices. On Friday, Reuters News reported "The Obama administration opened the door to a new era of U.S. (5:43 am)

MORE TOPICS: BNP PARIBAS, CALIFORNIA, MANUFACTURING, TWITTER, FACEBOOK, EUROPEAN UNION

After tough week, Obama tries to change the subject to jobs

By Reuters UK

President Barack Obama on Friday sought to turn the spotlight from controversies threatening to swamp his agenda back to his top priority - the economy - and announced he will try to cut in half the time it takes to get federal approval for large job-creating projects. (May 17)

MORE TOPICS: BARACK OBAMA, WHITE HOUSE, CLIMATE CHANGE, HOUSE OF REPRESENTATIVES, LIBYA

Tesoro may own BP Calif. refinery as early as June 1 - sources

By Reuters UK

Independent western U.S. refiner Tesoro Corp <TSO.N> may take ownership of BP Plc's <BP.L> 240,000 barrel per day Carson, California, refinery as early as June 1, sources familiar with the transaction said on Thursday. (May 16)

MORE TOPICS: CHEVRON, CALIFORNIA, RETAIL, ATTORNEY GENERAL, LOS ANGELES

Dow, S&P 500 at new highs again as rally keeps rolling

By Reuters

U.S. stocks climbed on Wednesday, with the Dow and S&P 500 hitting new all-time highs as the market's recent upward momentum persisted and offset some weak economic data. (May 15)

MORE TOPICS: NETFLIX, DOW JONES, WELLS FARGO, S&P, MANUFACTURING, NEW YORK

Wall St. extends rally as tech shares lead

By Reuters

The S&P 500 and the Nasdaq rose for a fourth straight day on Wednesday as tech shares gained and offset some weak economic data. (May 15)

MORE TOPICS: NETFLIX, DOW JONES, WELLS FARGO, MANUFACTURING, NEW YORK

EU oil price probe puts Platts in spotlight

By Reuters

A European investigation into alleged price rigging by major oil companies has drawn attention to leading price agency Platts and the way it sets oil price benchmarks. (May 15)

Euro Falters as 1Q GDP Disappoints, Pound Rebounds on BoE

By DailyFX

The Euro slid to a fresh monthly low of 1.2874 as the region's 1Q GDP report showed the growth rate contracting 0.3% versus forecasts for a 0.1% decline, and the prolonged recession may continue to drag on the exchange rate as it fuels speculation for additional monetary support. (May 15)

MORE TOPICS: DOW JONES, EXISTING HOME SALES, MANUFACTURING, TWITTER, GDP, BANK OF ENGLAND

The Energy Report - Euro Growth or Lack Thereof

By Price Futures Group

Oil is sinking on demand concerns as Europe looks like it is getting more deeply mired in recession. While Germany had some growth, France is going back into recession. Over all, the Eurozone saw growth fall for the longest recession since the EU was founded. (May 15)

MORE TOPICS: CHINA, GERMANY, MANUFACTURING, TWITTER, FACEBOOK, OPEC

Nikkei rises above 15,000 on weak yen, dollar resilient

By Reuters

Japan's Nikkei share average surged to a 5-1/2-year high on Wednesday as Japanese exporters rallied after the yen's recent slide, while the dollar showed resilience, supported by signs of an improving U.S. economy. (May 14)

MORE TOPICS: GOLD, FTSE, RETAIL SALES, JAPAN, RETAIL