Market Outlook

Oil above $82 on positive news for Europe banks

Oil prices rose Thursday as Europe's central bank tried to strengthen the region's financial system. Benchmark crude jumped $2.91, or 3.7 percent, to finish at $82.59 per barrel in New York, while Brent crude rose $3, or 2.9 percent, to end at $105.73 in London. FULL STORY »

Oil near $81 on hopes of Europe action on banks

Oil prices rose above $80 a barrel Thursday, continuing a rebound from 12-month lows on signs that European finance officials are moving to bolster the region's banks. FULL STORY »

Oil climbs on positive signs for Europe economy

Oil rebounded Wednesday from 12-month lows on signs that financial leaders will move to bolster struggling European banks and on positive U.S. economic news. FULL STORY »

Oil up to $78 amid hopes of Europe financial fix

Oil prices climbed to $78 a barrel Wednesday amid hopes that Europe will contain the debt crisis that has engulfed Greece and threatens to destabilize other countries that use the euro. FULL STORY »

Oil below $76 as Greece crisis gnaws at confidence

Oil tumbled to below $76 a barrel Tuesday as fears intensified that Greece may not be able to crawl out from beneath a mountain of debt without defaulting. FULL STORY »

U.S. gas: Futures settle -2.2% at 11-month low on high supply

Natural gas futures prices fell sharply Friday, with growing near-term oversupply pushing prices to an 11-month low. FULL STORY »

Oil futures: Crude drops on fresh bleak economic data

Oil futures lost ground Friday, following equities lower, as traders absorbed fresh discouraging economic data and re-focused on weak signals for petroleum demand. FULL STORY »

Oil futures: Oil gives up prior days gains, with 3.8% drop

Oil futures dropped 3.8% Wednesday as optimism faded that European leaders were making headway in resolving the euro-zone debt crisis. FULL STORY »

U.S. gas: Futures lower as cooling demand falls

Natural gas futures slumped Wednesday as falling cooling demand and signs of increasing U.S. gas inventories prompted traders to abandon gains made earlier this week. FULL STORY »

Oil futures: Crude gives back some of Tuesday's strong gains

Oil futures fell slightly Wednesday morning from the strong gains of the day before, as the market awaited weekly crude inventory data and news on the latest European debt bailout efforts. FULL STORY »

Oil futures: Crude bounces back on Euro zone debt hopes

Oil futures jumped nearly $3 a barrel Tuesday morning on optimism that European leaders were finally making significant headway in addressing the sovereign debt crisis. FULL STORY »

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