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Treasuries Rise as Oil Surge Renews Refuge Appeal, Economic Growth Concern Bloomberg Prices jumped 5.2 percent in February and have risen 25 percent in the past year. The surge in crude oil came as Iran, OPEC's second-largest oil producer, arrested opposition leaders to derail protests scheduled today. The European Union yesterday ... See all stories on this topic » | ||
Stocks slide with concerns about oil prices Milwaukee Small Business Times The stock market dipped today after Federal Reserve Chairman Ben Bernanke told Congress that a prolonged rise in oil prices would pose a danger to the US economy. The Dow Jones Industrial Average fell by more than 90 points this morning. ... See all stories on this topic » | ||
Oil companies told: Hold off your greed Inquirer.net "They should not be raising prices every week. Many of those quoted on TV are spot prices, prices today or in the future. That was not the cost when they bought their oil," said Recto, a former chief of the National Economic Development Authority. ... See all stories on this topic » | ||
Oil Surges, Stocks Drop on Mideast Unrest; Gold Rises to Record BusinessWeek Federal Reserve Chairman Ben S. Bernanke said the increase in oil and other commodity prices probably won't cause a permanent increase in broader inflation, suggesting the central bank will continue its stimulus efforts. "There's a cloud over the ... See all stories on this topic » | ||
What's Working Today: Soft Drinks, Gold Miners and Biotech Wall Street Journal (blog) By Dave Kansas As stocks go lower, what's working today? Bit of a mixed bag, really, with defensive names and headline makers doing decently. One group with a surprisingly mixed day, despite surging oil prices, are the big oil companies. ... See all stories on this topic » |
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