Cameron Hanover

Oil prices jump again in volatile trading week

Oil prices rose sharply Wednesday as a large interest rate cut in China and news of a possible Russian output cut appeared to counter another round of dour economic news and larger-than-expected crude stockpiles in the U.S.

Oil back to $50 as economic woes persist

The price of oil fell Tuesday, after a big rally in the previous session, as investors looked past the government's latest economic intervention to focus on the long-term economic outlook and waning energy demand.

Gas prices drop to $1.91

By Jay Fitzgerald Tuesday, November 25, 2008 - Updated 1m ago Thanksgiving travel will be more affordable this year, as average gas prices have fallen below the $2 mark for the first time since March 2005. AAA Southern New...

Oil prices sink on growing worries about demand

NEW YORK (AFP) - Oil prices sank Monday amid worries about a deepening global financial crisis that is crimping demand, stoked by news that Japan, the second-largest economy, has followed the eurozone into recession.

Green Your Routine: Editor's Introduction (at CNBC)

GREEN, GREEN YOUR ROUTINE, SUSTAINABILITY, CLIMATE CHANGE, ENVIRONMENT, ALTERNATIVE ENERGY, RENEWABLE ENERGY, MARRIOTT INTERNATIONAL, GREEN GIFTS, CHRISTINE WHITMAN, SOLAR DESIGN ASSOCIATES, STEVEN STRONG, HYBRID VEHICLES It's...

Oil drops below $60 per barrel; gasoline continues plunge

Crude oil prices sank 5% Tuesday on another round of dismal global economic news, dipping below $60 a barrel a 20-month low and raising the prospect of even-cheaper gasoline. Peter Beutel, president of Cameron Hanover, an...

Oil prices slide below $60 barrel

Waning demand and fears of recession are outweighing supply concerns OPEC agreed last month to reduce output HOUSTON, Texas (AP) -- Light, sweet crude for December delivery fell $3.08 to settle at $59.33 a barrel on the New...

Gas continues to drop as Oil falls to 20-month low

JOHN PORRETTO The Associated Press HOUSTON — Retail gasoline prices dipped for a 17th week since July 4, falling below $2 (U.S.) a gallon in a number of states and approaching $1.50 at some service stations. Light, sweet crude...

Oil falls below $59 as gasoline prices dip below $2 in a handful of states

By JOHN PORRETTO | AP Energy Writer HOUSTON (AP) _ Retail gasoline prices dipped for a 17th week since July 4, falling below $2 a gallon in a number of states and as low as $1.77 in Des Moines, Iowa. Oil prices hit a 20-month...

Unemployment rate hits 14-year high

A Labor Department report shows 240,000 jobs were lost in October. Worries about the weak U.S. jobs market were confirmed this morning, after the Labor Department reported that the economy shed 240,000 jobs in October -- the...

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