Wall Street: &#39;Cheap oil age&#39; may be at end
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The world&#39;s oil supply is expected to be stretched thin for another two to three years, even as demand tapers off and the industry gears up for an exploration and production spending spree in 2005.
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In NEW YORK story headlined, &quot;US stocks headed for weak open; oil data on tap&quot; please read in paragraph six &quot;...senior dealer at Binexx.
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TORONTO (CP) - With oil prices receding, North American stock markets seem poised to advance Thursday, the last day of the financial third quarter for many corporations.
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The world will be living with volatile oil prices for years to come, but this year&#39;s price spike should not be serious enough to push the country into a recession, Federal Reserve Chairman Alan Greenspan said on Friday.
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NEW YORKâCrude oil hit $55 (US) a barrel yesterday as traders worried over thin heating oil inventories ahead of winter and Federal Reserve Board chairman Alan Greenspan predicted the soaring costs would not crimp economic growth like in the 1970s.
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NEW YORK : US shares ended mostly lower Thursday as oil prices kept moving higher despite news that US strategic reserves may be tapped to ease supply concerns.
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US stocks are seen off a touch at the open Wednesday as the price of oil continues to plague investor sentiment.
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Wall Street was set to open slightly lower on Wednesday as investors eye the damage to corporate earnings from stubbornly high oil prices with scorecards from key companies rolling in.
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LONDON, Nov 18  - Oil prices continued their decline Thursday after a brief rally on the back of renewed concerns over heating oil stocks in the United States fizzled out.
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NEW YORK Sept. 29, 2004 - US stocks are seen in a cautious mood at the open as investors take on board a persistently high oil price and reflect on Tuesday&#39;s poor consumer confidence reading.
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Better sit down for this one. Just in case you faint easily (although if you&#39;ve been following this story, over the past few months, that&#39;s unlikely): ConocoPhillips (NYSE: COP
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NEW YORK  -This week could mark the end of the  bull market for Wall Street, with U.S. stocks likely to join a  global equity market plunge triggered by fears of a U.S.  recession.
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Indexes are up so far this week, but another record oil price could put some of those gains at risk. NEW YORK (CNN/Money) - US stock markets were set for a little slip at Friday&#39;s open, but it would take a
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The world&#39;s major stock markets tried hard this week to ignore the proverbial elephant at the table -- record high oil prices -- but it is getting harder and harder to do so.
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Will today&#39;s careening crude oil prices reprise That &#39;70s Show? Not according to Alan Greenspan. The Federal Reserve chairman said this year&#39;s price climbs will likely have a far gentler impact on the economy
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The Toronto Stock Exchange cruised to a flat close yesterday as the latest rise in oil prices propelled energy stocks higher. But New York blue chips finished lower as the price of oil ended above $46 (US) a
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NEW YORK - Oil prices reached a new high and sent stocks lower Monday, but with trading on Wall Street light and losses only moderate, investors seemed to be coming to terms with near-$50 per barrel crude.    After setting a new all-time record settlement price of $48.88 on Friday, oil continued its march higher on Monday, renewing fears on Wall Street that the slowdown in profits and the economic recovery would extend through the end of the year due to high energy costs...