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Wall Street mostly dips, but off lows with help from HP
ReutersNEW YORK (Reuters) - Stocks mostly edged lower on Thursday but were sharply off their session lows as a rally in Hewlett-Packard's shares offset worries about weak Chinese manufacturing data and the prospects of the Federal Reserve reducing its monetary...Tags: Campbell Soup Company, priceline.com Inc., Book, Green Mountain Coffee Roasters, Inc., Conservation
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U.S. natgas futures near flat early ahead of EIA stocks data
ReutersNEW YORK, May 23 (Reuters) - U.S. natural gas futures traded nearly flat early on Thursday after slipping slightly in the prior session, with volume light as traders stepped back ahead of a weekly inventory report due later in the morning. Traders and...Tags: Weather, Petroleum Industry, New York Mercantile Exchange, Weather Reports, Inventories
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REUTERS SUMMIT-Venezuela business group sees dire economy in 2013
Reuters* Fedecamaras' head says lack of hard currency crimps growth * Sees most companies' 2013 billing falling at least 40 pct * Maduro's slim election victory shows need for dialogue By Brian Ellsworth CARACAS, May 23 (Reuters) - Venezuela is slipping into...Tags: Petroleum Industry, Productivity, Business, Energy Saving, Nicolas Maduro
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COMMODITIES-Oil down on high gasoline stocks, gold slips on Fed
Reuters* Brent crude slips below $103 as gasoline inventories surge * Gold falls as Bernanke cautions about low US rates * Copper hits 6-week high after no word on Grasberg restart By Barani Krishnan NEW YORK, May 22 (Reuters) - Oil prices slumped on...Tags: Ben Bernanke, Petroleum Industry, Metal and Mineral, Federal Reserve, Indonesia
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Fallout spreads in Hong Kong over shut-down Mercantile Exchange
ReutersHONG KONG (Reuters) - A close political ally of Hong Kong's chief executive has vowed to cooperate with an investigation into the shuttered Hong Kong Mercantile Exchange after the city's financial watchdog said it had alerted the police to "serious...Tags: Finance, Hong Kong, Police Investigations, Economy, Business and Finance, Pomfret
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ANALYSIS-Oil saving win-win drives Saudi solar power boom
Reuters* Solar could cost much less than half oil fired power * Solar offers over 20 percent return on investment By Daniel Fineren DUBAI, May 22 (Reuters) - A slide in solar power costs and a surge in oil prices over the last few years has made solar power a...Tags: ABB Ltd., Saudi Arabia, Petroleum Industry, Prices, Science and Technology
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NYMEX-Oil prices dip to around $96.50 as supplies weigh
ReutersPERTH, May 21 (Reuters) - U.S. crude futures eased to about $96.50 a barrel in early trading in Asia on Tuesday as ample supplies weighed on prices, despite support from equity markets. FUNDAMENTALS * U.S. oil fell 14 cents to $96.57 a barrel by 0023...Tags: Petroleum Industry, Federal Reserve, International Energy, Money and Monetary Policy, Energy Saving
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Oil price probe widens, senator wants Justice Department help
ReutersLONDON/WASHINGTON (Reuters) - A European probe into possible oil price manipulation expanded with the investigation of a small niche trading house in the Netherlands, while a key U.S. senator on Friday called for the Justice Department to join the...Tags: Royal Dutch Shell Plc, Petroleum Industry, Money and Monetary Policy, Energy Saving, Eric Holder
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RPT-COLUMN-Enhanced recovery will anchor oil prices below $100: Kemp
ReutersBy John Kemp LONDON, May 16 (Reuters) - Enhanced oil recovery (EOR) techniques could boost U.S. domestic oil production by 4 million barrels per day for 50 years, while storing all the emissions from 93 large coal-fired power plants, at a price of just...Tags: Petroleum Industry, Global Warming, Kinder Morgan Incorporated, Metal and Mineral, Conservation
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COMMODITIES-Most markets fall, weak US data prompts demand worry
Reuters* Gold falls for sixth sessions, first time in four years * Oil gains as dollar drops after soft U.S. economic readings * U.S. drought shrinks, may be too late for some wheat crops By Carole Vaporean NEW YORK, May 16 (Reuters) - Most commodity markets...Tags: Petroleum Industry, Metal and Mineral, Federal Reserve, Foreign Exchange Market, Money and Monetary Policy
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GLOBAL MARKETS-Stocks slip, dollar gains on Fed policy remarks
Reuters* Dollar recovers after president of San Francisco Fed speaks * Wall Street drops further but Cisco surges on earnings * Bond prices rise on poor U.S. economic data * Brent oil settles slightly higher By Herbert Lash NEW YORK, May 16 (Reuters) -...Tags: Consumer Confidence, S&P 500, Petroleum Industry, NASDAQ, Federal Reserve
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Cooling prices, falling imports highlight euro zone's malaise
Reuters* Euro zone annual inflation down to 1.2 pct in April * Bloc's trade surplus widens to 22.9 bln euros in March By Robin Emmott BRUSSELS, May 16 (Reuters) - Falling prices in Germany and France pulled euro zone consumer inflation to a three-year low...Tags: Trade Balance, Petroleum Industry, Prices, Foreign Exchange Market, Money and Monetary Policy
May 23, 2013
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