Monday&#39;s Commodities Roundup
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Crude futures in New York settled 1.4 percent lower Monday, as Iraq&#39;s resumption of some oil exports gave cause for mild profit-taking.
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Investor's Business Daily - Nymex near-month oil rose 41 cents to $71.09 a barrel amid a Kansas refinery shutdown and tensions over Iran&#39;s alleged meddling in Lebanon and Iraq. In London, Brent crude rose $1.22 to $72.63. U.S. gasoline futures rose 0.59 cent to $2.2487 a gallon. But retail prices fell 2.3 cents last week to $2.959, the Energy Dept. said. The Int&#39;l Energy Agency urged OPEC to lift output.
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Watch out at the gas station this weekend. Oil and gasoline prices bounced back up this week. Crude oil prices neared $49 a barrel Friday, capping a rise of 7 percent for the week, as
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Gold on Monday hovered below a 28-year  high marked last week, supported by safe-haven buying after a  sell-off in global stock markets, while Tokyo gold futures sold  on a rally in the yen versus the dollar.
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Record highs of the past week spill over into a patchy market, taking the S&amp;P 200 lower. Investors continued to take profits after last week&#39;s record highs, pushing the sharemarket slightly lower yesterday.
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The price of crude oil breached the $51 US mark again after falling for most of the day Friday on a surprising midweek US petroleum stocks report and China&#39;s latest moves to cool its economy.
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Rising demand, a falling dollar and rosy economic predictions, have stoked the price of commodities in the last few years. But times are changing.
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A look at the stocks that saw serious volatility last week.
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The action should come fast and furious, with retail sales figures kicking off Monday morning and a Federal Reserve event grabbing traders&#39; attention Tuesday.
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Key happenings this week in the retail and restaurant sectors.
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CONTINUING concerns over possible supply disruptions and strong demand pushed prices of crude oil futures to historical highs yesterday.
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Crude oil futures dropped more than US$1 to hit $43 at midday today in a correction of yesterday&#39;s surge. Prices rose slightly at first as traders sought to build on yesterday&#39;s gains but buying quickly gave way to a wave of selling.
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The price of platinum reached a record high point of 1,503.50 dollars an ounce on the Platinum and Palladium market on Tuesday, having breached 1,500 dollars for the first time late on Monday
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HOUSTON, Dec.7 -- After plummeting more than $7/bbl last week, crude futures prices bumped up Monday amid indications by several members of the Organization of Petroleum Exporting Countries that they might take action at their meeting Friday in Cairo to
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TESCO puts in another crackerjack trading performance. Sales, volumes, profits, divi all sharply up. Er, hmm ... whatâs on the telly tonight?
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Gold was hit by further selling on  Friday as investors continued to reduce their exposure to the  metal after heavy losses in stock markets this week.
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U.S. stocks to watch on Monday include  Family Dollar Stores Inc., Staples Inc., Microsoft Corp., and  General Electric Co.