Falling crude demand in the world's largest consuming nation drove oil prices Monday to a new low for the year as the U.S. enters a corporate earnings season expected to be fraught with bad news, according to AP.
The strained economy outweighed (...)
Oil prices stabilized Friday as the White House's $17.4 billion auto industry rescue package gave Wall Street a boost and the dollar strengthened against the euro.
Light, sweet crude for February delivery rose 69 cents to settle at $42.36 a barrel (...)
U.S. President George W. Bush wrapped up a five-day campaign swing with a rally in the battleground state of Iowa on Saturday and scheduled a quick trip to Florida to survey hurricane damage in a state he needs to win in the November election.
It (...)
