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Energy Markets

Upside of the downturn: oil and food prices fall sharply

The price of oil, metals and food were all tumbling last night amid fears that the global crisis will trigger a drop in demand. The slump in North Sea crude to $84 a barrel - its lowest level in 12 months - should mean relief...

Stocks worldwide and oil fall as crisis fears widen

NEW YORK (Reuters) - Fear gripped investors around the world on Monday, causing them to dump stocks and snap up safe-havens after European leaders were seen doing too little too late to stem a spreading financial crisis that...

Global stocks and oil fall as crisis fears widen

NEW YORK (Reuters) - Fears of deepening bank problems in Europe and wider economic woes around the world slammed global equity markets and pushed oil prices lower on Monday, sending investors fleeing to safe-haven investments.

Re: Meridian Petroleum (MRP) Comodities

Is this a better tone for you Argo... Commodities R.I.P. as Leverage Vanishes, Growth Slows (Update1) By Shruti Singh Oct. 6 (Bloomberg) -- Commodities markets are heading for the biggest annual decline since 2001 as investors...

Outdated Regulations Slow Oil, Gas Drilling In Tennessee

High crude oil and natural gas prices, new drilling technology and the state´s Chattanooga Shale could combine to turn Tennessee into a significant oil and gas producing state, if enforcement of outdated regulations doesn´t...

First Solar Breaks Ground on Expansion of its Manufacturing and Development Facilities in Ohio

First Solar, Inc. (Nasdaq:FSLR) announced that the Company today held the official groundbreaking ceremony for the expansion of its Perrysburg, Ohio facility. The new investment will add at least 134 new jobs to the Company’s...

Pakistan facing bankruptcy

Pakistan's foreign exchange reserves are so low that the country can only afford one month of imports and faces possible bankruptcy. The government is engulfed by crises left behind by Pervez Musharraf, the military ruler who...

PennFuture Calls for State Legislature to Pass Energy Savings Bill to Help Pennsylvanians Prepare ..

At a press conference attended by a bipartisan group of state legislators, Citizens for Pennsylvania’s Future (PennFuture) today called on the members of the Pennsylvania Legislature to empower Pennsylvania’s families and...

Falling oil price could lead to cheaper petrol

Oil prices have plummeted to their lowest level in eight months on the back of the growing economic uncertainty. By David Millward, Transport Editor But the fall of around $4 to just over $86 a barrel could be good news for...

Russia and Brazil crumble as commodity prices crash

The entire complex of commodities and emerging market stocks, bonds, and currencies is now in free-fall as the economic crisis spreads like brushfire, threatening to draw every corner of the globe into the vortex of recession....

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