Commodity Markets

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...

NEW YORK (Reuters) - It does not take much of a wobble in the oil price to get traders starting to bet on action by OPEC, or at least Saudi Arabia, to cut output to put a floor under the market. But this time these hopes are coming far too soon for any...

WASHINGTON, April 22 - Falling commodity prices and softer growth have fanned concern U.S. inflation could slow further, killing chances of the Federal Reserve tapering its $85 billion a month of bond purchases any time soon. But officials do not yet...

* For poll data see * RBI will cut repo rate by 25 bps on May 3 - 37 of 42 economists * CRR to remain unchanged at 4 pct - 26 of 38 economists * Repo rate to be cut to 7 percent by end-Sept - 13 of 37 economists By Neha Dasgupta and Suvashree Dey...

April 21 (Reuters) - The average price of a gallon of regular gasoline in the United States fell 11 cents over the past two weeks, driven by lower crude oil prices, and is down nearly 26 cents in eight weeks, according to a widely followed national survey...

* European shares open higher but on track for worst week since Nov * Gold, oil, copper off lows but remain vulnerable * Yen falls as G20 response to Japan stimulus mild By Marc Jones LONDON, April 19 (Reuters) - World stocks and oil prices edged back...

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...

JUNEAU, Alaska — Over most of the last several decades, Alaska's North Slope was America's energy powerhouse. The legendary oil fields of Prudhoe Bay and Kuparuk gushed 2 million barrels a day out of the frozen tundra and down the Trans-Alaska...

Consumers are suffering from sticker shock at the rising gasoline prices. Gasoline prices typically climb from February to Memorial Day on expectations of rising consumption and costlier summer-blend gas. But so far this year, prices are surging sooner...

WASHINGTON -- A sharp jump in the cost of vegetables led wholesale prices to rise at a seasonally adjusted rate of 0.2% in January compared with the previous month, the biggest increase since the summer, the Labor Department said Wednesday. The Producer...