Support Marketplace

Oil

Pages

Oil investors aren't very pumped

Dec 29, 2008
Oil prices may be falling, but Wall Street investors aren't jumping at any opportunities in the oil market like they once were. Part of the reason is that prices are unrealistically low. Bob Moon reports.
Posted In: Oil, Wall Street

Kuwait backs out of Dow deal

Dec 29, 2008
Dow Chemical has been planning a multibillion-dollar joint venture with Kuwait, but plummeting oil prices have led Kuwaitis to back out of the deal. Steve Henn reports on the impact that Kuwait's decision will have on Dow.
Posted In: Oil

Oil profits help Houston boom

Dec 26, 2008
As a center for oil profits, Houston continues to see substantial job growth. But the numbers of the hungry increase in parallel to the city's prosperity. Kate Archer Kent reports.
Posted In: Jobs, Oil

An oil check to keep Alaskans warm

Dec 26, 2008
Every year, Alaska residents receive a check from the dividends of oil drilling. Emily Schwing asked some of them where their oil money goes.
Posted In: Oil

Slight rise in oil, but it could still fall

Dec 26, 2008
Oil rose moderately on the United Arab Emirates' announcement of a production cut. This could indicate OPEC still has influence over the market, but some analysts still see a downward trend. Stephen Beard reports.
Posted In: Oil

Sorry OPEC, oil's dropping

Dec 24, 2008
OPEC has vowed to make further cuts in production to help raise the price of oil. But Bob Moon reports the cartel can only really influence supply, and there's nothing they can do about crude's falling price.
Posted In: Oil

Annual reserves report could lower oil

Dec 22, 2008
Energy companies are annually required to report the size of their reserves by year's end to determine what is economically feasible. This process could make oil prices drop even further. Sam Eaton reports.
Posted In: Oil

OPEC makes record cut in production

Dec 17, 2008
Alarmed by the plummeting price of oil, OPEC ministers today announced a record cut in future output -- 2.2-million barrels per day beginning Jan. 1. Even so, prices on world markets hit four-year lows today. John Dimsdale explains why.
Posted In: Oil

OPEC plans production cuts

Dec 17, 2008
OPEC is meeting in Algeria today, and OPEC and non-OPEC countries alike said they'd try to cut production to try to boost oil prices. But John Dimsdale reports Americans might not notice much difference.
Posted In: Oil

Gas prices low while oil imports high

Dec 11, 2008
The U.S. trade gap widened in October because of a record rise in the amount of oil imports. What does that mean for gas prices? Sam Eaton reports.
Posted In: Economy, Oil

Pages