Energy Markets

Shares not always fair since 2000

The FTSE 100 fell and the banks collapsed. But as Patrick Collinson reports, the only shares that didn't go up in smoke were tobacco companies In a decade dominated by the rise of China, the expansion of the internet and the...

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Opec wants compensation if climate deal cuts oil use

Robin Pagnamenta, Energy Editor The chief of the Opec oil cartel said that oil-producing countries should be compensated for lost revenues if UN climate talks in Copenhagen next month reach a deal that cuts the use of oil. In...

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CME Group Announces The Launch Of Physically Delivered Gulf Coast Sour Crude Futures Contracts On...

CME Group Inc., the world's largest and most diverse derivatives marketplace, today announced the launch of trading and clearing services for a new physically delivered Gulf Coast sour crude oil futures contract. Trading will...

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Natural gas plunges 12% this month

NEW YORK (AP) — Natural gas prices have dropped more than 12% in the past month as the country continues to sip at its energy reserves and a balmy November allowed homeowners to leave the heat off. Retail prices for natural...

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Gold Ekes Out Small Gain, Other Metals Hold Steady

Gold Prices Inch Higher, Buoyed By Safe-haven Appeal; Other Metals Little Changed (AP) NEW YORK (AP) - Gold prices finished higher for a sixth straight day Friday, rising even as the dollar strengthened. The December contract...

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Wall Street: Mixed week ends on a low note

Stocks selloff on Friday as investors respond to mixed economic news and a darkening outlook for technology companies. Stocks fell Friday, capping a mostly down week, as investors remained jittery about the economy and the...

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Highway travel rises as economy recovers

WASHINGTON (Reuters) - U.S. motorists drove more miles for the fourth month in a row, which could indicate that both the economy and demand for gasoline are starting to recover, analysts said. U.S. highway travel soared 2.5...

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With Fuel Demand Weak, Refineries Shutting Down

Refineries from New Mexico to New Jersey are under severe economic pressure because of falling demand for fuel, with a number of facilities shutting down in recent months. Valero Energy Corp., which shuttered a major refinery...

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CANADA STOCKS-TSX ends lower as oil prices weigh

TORONTO, Nov 20 (Reuters) - Toronto's main stock index fell on Friday as weaker oil prices, caused partly by a stronger U.S. dollar, weighed on resource issues, including Suncor Energy Inc. The S&P/TSX composite index...

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Ontario Power profit boosted by investment returns

Ontario Power Generation's nuclear power plant at Pickering, Ont. The Globe and Mail Power generator reports reduced demand for electricity in third quarter Toronto — The Canadian Press Published on Friday, Nov. 20, 2009 1:30PM...

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