crude

The growth stories in the BRIC countries appear in sharp contrast to the view in developed markets, which are struggling to stabilize and reignite wide swaths of their economies; leading indices in Brazil, Russia, India, and China have all handily outperformed the S&P 500 ($SPX) in 2009. But...

It has been months since a hurricane posed a real threat to oil rigs in the Gulf of Mexico. Now, Hurricane Ida is entering the region from the west after doing significant damage in Nicaragua. Most hurricanes that move into the Gulf end up doing very little damage to either deep sea drilling...

U.S. consumers in the last year or so have been whipsawed by the price of oil. Having seen crude oil prices surge to more than $147 a barrel in July 2008, prices tumbled steadily right into the new year, only to resume a steady climb on investor speculation that the world economy was heading out of...

OPEC has been fairly quiet recently. There have not been the usual comments from members that prices are too low for their economies to prosper. That may be because oil has made it back to $70 without the help of reductions in supply. There are still a number of experts who believe that demand in...

Every few years, a banker acting on his own begins to make trades not authorized by his firm. He risks his company's assets in the hopes of making a killing and probably a huge bonus. These traders usually end up losing large sums and being fired then investigated by the local financial...

The price of oil has nearly doubled from its lows in the first quarter. Now analysts are asking if inflation can be far behind. Crude is such a pervasive commodity that is has the power to affect both the costs of business and consumer spending. But oil prices may do nothing to touch off inflation...

Oil prices really moved up last year and at one point hit $147 a barrel. That has to be the fastest ascent in oil prices in history, right? Wrong -- at least not on a monthly basis. Oil's May increase will be the sharpest monthly increase since 1999. Many analysts can't come up with a good set of...