prices

Oil Rises On New Hope Of ‘Fiscal Cliff’ Resolution
NEW YORK (AP) — The price of oil is rising Monday as political leaders in Washington appear closer to a resolution in critical budget negotiations.
Benchmark crude rose 73 cents to $87.46 around 10:30 a.m. in New York.
Seeking to break an impasse in budget talks, House Speaker John Boehner has offered…
UN: World Food Prices Drop
ROME (AP) — A United Nations agency says prices of basic foods fell by 1.5 percent last month, with the international prices of all commodities except dairy products dropping.
The Rome-based Food and Agriculture Organization said Thursday that the decline puts the value of its November index ne…
Oil Rises As Refineries Move To Full Operations
The price of oil is higher as East Coast refineries work to restore full operations.
Benchmark crude rose 93 cents to $86.61 per barrel Wednesday as the New York Mercantile Exchange reopened its trading floor.
Oil and other commodities have been trading electronically for two days after a massive stor…
Oil Drops On Questions About Europe’s Crisis
The price of oil is dropping as protests in Greece and Spain offer visible reminders that Europe is still struggling to resolve its debt crisis.
Benchmark oil fell $1.54 to $89.83 per barrel Wednesday in New York.
The protests are occurring ahead of spending cuts and tax hikes designed to help those c…

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