Read more oil price stories on Newserhttp://www.newser.com/taggrid/12250/oil-price.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 10:55:09 CSThttp://www.newser.com/story/68893/dow-up-56-on-oil-gold.html?utm_source=syn&utm_medium=rss&utm_campaign=tagStocks posted solid gains today as commodity prices rose, the Wall Street Journal reports. Oil jumped $3.08 to $71.28 a barrel and gold crossed the $1,000-an-ounce mark. Commodity-producing stocks Exxon, Chevron, and Alcoa all saw gains as a result. The Dow added 56 points to close at...http://www.newser.com/story/68893/dow-up-56-on-oil-gold.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 08 Sep 2009 15:21:44 CDThttp://www.newser.com/story/63463/rogue-trader-shocks-oil-market.html?utm_source=syn&utm_medium=rss&utm_campaign=tagOn Tuesday, the price of oil spiked unexpectedly to its highest level in 2009—a barrel of crude jumped from $71 to $73.50 in just one hour, for no apparent reason. Yesterday the reason became clear: a rogue broker in London with PVM, the world's largest petroleum brokerage, had...http://www.newser.com/story/63463/rogue-trader-shocks-oil-market.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 03 Jul 2009 7:20:41 CDThttp://www.newser.com/story/62670/wallop-iran-where-it-hurts-oil-revenues.html?utm_source=syn&utm_medium=rss&utm_campaign=tagPundits and politicians are wasting their time telling Barack Obama what he should be saying about the growing "green revolution" in Iran, writes Thomas L. Friedman. The country's reformers and protesters don't need American encouragement; they need a weakened theocracy—which will only happen when oil prices go into freefall....http://www.newser.com/story/62670/wallop-iran-where-it-hurts-oil-revenues.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 24 Jun 2009 7:58:30 CDThttp://www.newser.com/story/54341/exxon-chevron-scramble-to-protect-40b-cash-booty.html?utm_source=syn&utm_medium=rss&utm_campaign=tagIn times like these, everyone’s got problems. Exxon and Chevron? Finding safe places to stash $40 billion they stockpiled while oil prices were stratospheric last summer. “The biggest challenge we’ve had is making sure all the cash is there every morning,” Exxon’s CEO tells Bloomberg, adding of his treasurer, “I...http://www.newser.com/story/54341/exxon-chevron-scramble-to-protect-40b-cash-booty.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 25 Mar 2009 11:22:33 CDThttp://www.newser.com/story/52882/airlines-panic-as-recession-grounds-passengers.html?utm_source=syn&utm_medium=rss&utm_campaign=tagA steep slide in passengers has airline execs reaching for the panic button, reports the Wall Street Journal . Airlines had banked on the drastic drop in oil prices more than making up for falling demand caused by the recession, but the decline—especially in first and business class—has been...http://www.newser.com/story/52882/airlines-panic-as-recession-grounds-passengers.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 10 Mar 2009 7:04:43 CDThttp://www.newser.com/story/51325/cheap-oil-keeps-world-economy-off-balance.html?utm_source=syn&utm_medium=rss&utm_campaign=tagOil surged 13% yesterday in New York trading—and still closed at less than $40 a barrel, reports the Washington Post . Cheap oil has been a boon for consumers in the recession, but the collapse in crude prices has contributed to further havoc in international markets from Canada to Kuwait....http://www.newser.com/story/51325/cheap-oil-keeps-world-economy-off-balance.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 20 Feb 2009 5:18:05 CSThttp://www.newser.com/story/50316/talk-of-oil-supply-cut-sends-prices-higher.html?utm_source=syn&utm_medium=rss&utm_campaign=tagOil approached $41 a barrel today after OPEC said it would cut its output if necessary to stabilize prices, Reuters reports. “I think we still need more action,” OPEC’s secretary-general said, promising the cuts would be more thorough than many expected, with 80% compliance among the 12-member group.http://www.newser.com/story/50316/talk-of-oil-supply-cut-sends-prices-higher.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 09 Feb 2009 9:22:00 CSThttp://www.newser.com/story/47116/venezuela-yanks-free-fuel-for-poor-americans.html?utm_source=syn&utm_medium=rss&utm_campaign=tagVenezuela has halted its gifts of free fuel to America's poor, the New York Times reports. The controversial foreign aid project supplied heating oil to 200,000 low-income households in 23 states and on Indian reservations, but the plunge in the price of oil has hit Venezuela hard and President...http://www.newser.com/story/47116/venezuela-yanks-free-fuel-for-poor-americans.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 06 Jan 2009 3:07:20 CSThttp://www.newser.com/story/46527/oil-tops-40-on-gaza-turmoil.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe price of oil jumped to $40 a barrel this morning, a gain of 8% over the previous session, as violence between Israel and Hamas threatened to destabilize crude supplies from the Middle East. Oil has been rising slightly after falling by more than $100 a barrel since July. The...http://www.newser.com/story/46527/oil-tops-40-on-gaza-turmoil.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 29 Dec 2008 6:01:28 CST