Archive for May 9th, 2008
Oil Surpasses $125 Per Barrel
Oil Surpasses $125 Per Barrel
Oil prices surged past $125 per barrel Friday on the eve of the U.S. driving season as a weakening U.S. dollar drove investors to snap up commodities.
Light, sweet crude for June delivery rose as high […]
Gas Jumps Above $3.67, Oil Passes $126
Gas Jumps Above $3.67, Oil Passes $126
NEW YORK — Oil rose above $126 a barrel for the first time Friday, bringing its advance this week to nearly $10, as investors questioned whether a possible confrontation between the U.S. and […]
Stock Head for Lower Open After AIG Revelation
Stock Head for Lower Open After AIG Revelation
NEW YORK — Wall Street headed for a lower open Friday after the world’s largest insurer reported a wider-than-expected loss for the first quarter, rekindling investors’ anxiety about the strained state of the […]