The Commodity Futures Trading Commission is looking into whether oil companies have been manipulating prices, according to a Wall Street Journal report. Ashley Milne-Tyte has more.
British Petroleum and its billionaire Russian partners in Russian oil company TNK have settled a long-running dispute. The deal includes removal of CEO Robert Dudley as CEO. Brett Neely has more.
The government today will release its monthly report on factory orders for non-durable goods — things like clothing, food and gas. Nancy Marshall Genzer reports on what the numbers are expected to show.
Rising fuel costs are affecting virtually every school district in the nation, according to a new survey. Some schools are keeping classes in session longer, but only four days a week. Jeremy Hobson reports.
Although assessments of the derricks and refineries in the Gulf are only just beginnng, the expectation is that Hurricane Gustav left minimal damage. Oil futures dropped on the assumption. Steve Henn reports.
Oil companies won't know the full extent of damage to offshore oil rigs and refineries in and along the Gulf of Mexico until Hurricane Gustav passes. But they think measures they've taken should limit the losses.
The Gulf oil derricks are said to be better prepared to handle a hurricane than they were three years ago. The real threat is to Gulf area refineries. Scott Jagow talks with an oil industry expert about that.
While the Gulf Coast braced for Hurricane Gustav, traders were watching to see the storm's effect on energy markets. Brett Neely reports from Berlin on what issues worry traders the most.
Three years after Katrina, many Gulf state businesses remain in recovery mode, and another big hurricane could sink any hope of fully coming back. Mississippi Chamber of Commerce director Tish Williams explains.
The U.S. Chamber of Commerce today issued its top economic priorities, and the list includes more than housing, credit and energy costs. From Washington, Danielle Carson reports.
