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Sector: Oil and Gas
Sep.05
5:01 PM ET
For the week ending Friday, September 5, 2008,  the U.S. markets ended in negative territory for the week after weak employment data and declines in auto and retail sales pointed to weaker consumer spending and a greater economic slowdown. The unemployment rate jumped to a 5-year high, soaring to 6.1%.  On Thursday, the three major Indices fell back into bear market territory by dropping 20% from their market peaks set last fall. Both the Dow & Nasdaq Composite had their worst daily closes since July 26, with drops of more than 340 points for the Dow and 75 points for the Nasdaq.   Read More
Sep.05
4:46 PM ET
On a wild week in the markets which saw Friday close off its lows as the Dow swung within an almost 200 point range, the markets all close in negative territory for the week by about 3% or more.   Read More
Sep.04
6:40 PM ET
If you think the energy trade is running out of steam think again!  There are some bull plays in this otherwise bearish sector, at least according to the charts!   Read More
Sep.04
5:47 PM ET
Investors sent The Dow and the overall stock market sharply lower on Thursday amid signs that the economic slowdown is showing no sign of improvement.    Read More
Sep.04
9:44 AM ET
Thursday, 4 Sep 2008
Much of Chryslers slump can be blamed on the fact trucks and SUVs have fallen out of favor because of high gas prices. And since Chrysler has the greatest exposure (percentage wise) to the so-called "gas-guzzlers" among the Big 3, it's suffering big time.    Read More
Sep.03
6:13 PM ET
Wednesday, 3 Sep 2008
As the Gulf gets back to business after Hurricane Gustav, the question on everyone’s minds is the same, “Is $100 oil, next?”   Read More
Sep.03
5:50 PM ET
Wednesday, 3 Sep 2008
Rapid changes in the commodities market have left some investors badly bruised to say the least. However lower gas prices are good, right? Should you cheer or fear the drop in oil?   Read More
Sep.03
10:38 AM ET
Wednesday, 3 Sep 2008
The number-one economic issue this election is gasoline prices at the pump. The tax-hike effect of surging oil on global markets that has translated to a huge spike at your local gas station has drained the economy of its vitality.   Read More
Sep.02
10:02 PM ET
Tuesday, 2 Sep 2008
Stocks are challenged to hold their ground, and will have a tough time breaking out of the bear's hold this month.   Read More
Sep.02
7:16 PM ET
Tuesday, 2 Sep 2008
The Clean Energy Fuels CEO explains why a ballot initiative state will be a big boon to his company.   Read More
Next
VIDEO | SECTORS : Oil and Gas
Discussing Gustav's oil and gas impact, with Scott Josey, Mariner Energy CEO and CNBC's Melissa Lee.
The progress of the storm and its impact on the oil and gas industry in the Gulf, with John Kilduff, MF Global; Vince Fa...
News |  SECTOR : Oil and Gas
Source: Reuters
Source: Reuters
Source: Reuters
Source: CNBC.com
Thursday, 4 Sep 2008
Posted By: Cindy Perman | Source: CNBC.com
Thursday, 4 Sep 2008
Source: CNBC.com
Thursday, 4 Sep 2008
Source: The New York Times
Thursday, 4 Sep 2008
Source: CNBC.com
Thursday, 4 Sep 2008
Source: CNBC.com
Thursday, 4 Sep 2008
Source: Reuters


Current DateTime: 01:22:50 05 Sep 2008
LinksList Documentid: 23188555



Current DateTime: 01:22:50 05 Sep 2008
LinksList Documentid: 23188557
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