Commodity Markets

NEW YORK/CHICAGO (Reuters) - A Chicago-based commodities trading firm has filed suit against three of the world's largest oil companies, accusing them of colluding to fix oil prices after European authorities opened an investigation last week. Prime...

HONG KONG (Reuters) - The chairman of Hong Kong's Mercantile Exchange is under police investigation, the government said on Friday, as three other men were charged with possessing false documents including a fake cheque for $460 million following a...

May 23 (Reuters) - BP PLC : * Is sued by commodity trading firm over alleged price fixing in brent crude oil prices and futures contracts -- court filing * Lawsuit filed by Chicago-based prime international trading ltd also names Royal Dutch Shell Plc...

NEW 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...

* 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...

* 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...

HONG 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...

* 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...

PERTH, 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...

Remember the 1980s? It was to be the decade of Japanese dominance. A post-Jimmy Carter America would be unable to compete with the efficient Japanese jobs machine. Aging technology, lazy management and high-cost labor would ensure America's rapid demise...

Baltimore Gas and Electric Co. said Thursday that energy prices will rise $6 a month for the typical residential electricity customer who doesn't use an outside power supplier, the first jump in energy prices in four years. That rise in costs, running...