Commodity Markets

Wall Street is trying to make up its mind: Is the International Energy Agency's decision to release crude oil from reserves a good thing or a bad thing? Stocks are trading broadly lower for the session, despite what would otherwise......

In a wild trading session, the stock market on Thursday recouped most of its deep early losses as optimism about plummeting oil prices helped offset more downbeat economic data. The surprise decision by the Obama administration and other developed...

Growing up in Highland Park, Ted Fishman would write radio scripts and hand them out to the other kids on the snow mounds. As a college student, he studied creative writing with Joyce Carol Oates. But Fishman, author of the best-seller "China, Inc.,"...

Wall Street finished the second quarter with a flourish, with stocks rallying strongly for a fourth straight day on renewed hopes the economy will get its mojo back. The Dow Jones industrial average jumped 152.92 points, or 1.3%, to close......

Motorists can expect gasoline prices to drift slightly lower over the rest of the summer, but most of the declines around the U.S. that have occurred since May are over, analysts said, as the average for a gallon of regular......

Several refinery problems around the United States were forcing retail gasoline prices up around parts of the country, but California prices were relatively stable Monday. In California, the average price of a gallon of regular gasoline was $3.780, down...

Refinery problems plaguing the northeast U.S. and the Great Lakes region are keeping California out of the top five of the nation's worst gasoline prices. California is almost always vying with Alaska and Hawaii for the worst gasoline prices in......

Prices are rising again after consumers experienced only modest decreases in costs in May and June. CA_grph In California, the average price of a gallon of gasoline climbed to $3.817, up from $3.803 a week ago, according to the AAA Fuel Gauge Report....

Occidental Petroleum Corp. of Westwood rode a wave of higher oil prices to a net profit of $1.82 billion in the second quarter, up 71% when compared to the same period last year, the company said in an earnings announcement Tuesday....

The U.S. economy grew at a weak rate of 1.3% from April through June, another sign that the recovery has faltered dramatically. The Commerce Department also scaled back its estimate of economic growth in the first quarter of the year......

Retail gasoline prices were mostly stable over the last week, and oil on Monday failed to gain any boost from an apparent bipartisan deal to raise the U.S. debt ceiling. Weak demand and poor U.S. manufacturing numbers dragged the commodity......

Obama says we must live within our means, but meanwhile we need many new 'investments.'...