Commodity Markets

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...

* China, U.S. data awaited for further clues * Summer driving may draw down some inventory -analyst * Coming Up: U.S. consumer confidence index; 1400 GMT By Ramya Venugopal CHENNAI, India, May 28 (Reuters) - Brent crude held below $103 per barrel on...

NEW YORK (AP) — The U.S. is increasing its oil production faster than ever, and American drivers are guzzling less gas. But you'd never know it from the price at the pump. The national average price of gasoline is $3.69 per gallon and forecast...

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...

NEW YORK (AP) — A sharp decline in the price of oil this month is making gasoline cheaper at a time of year when it typically gets more expensive. It's a relief to motorists and business owners and a positive development for the economy. Over...

California's strict low-carbon fuel standard could help reduce gasoline prices in the state, the opposite of what many have predicted, by encouraging the use of a relatively cheap and relatively clean U.S. crude oil, some experts now say. The standard...

If government projections hold true, Americans this year will pay the lowest summer gas prices they have in two years. The U.S. Energy Information Administration reported this week that the price for a gallon of regular gas is expected to......

Sandra Smith was starting her first day as a sales trader in Chicago. Leaving her second post-college job at a hedge fund in New York, she was back in the city where she grew up and where several members of her family had worked in the financial trading...