NEW YORK - Investors finally hit the brakes on oil, gold, silver and food prices. This week's sharp sell-off doesn't mean commodity prices' stunning rise over the last several months is over, but it is good news for anyone planning a road trip this summer.
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 6 MONTHS AGO
NEW YORK - Some relief from suffocating gas prices will likely arrive just in time for summer vacation. Expect a drop of nearly 50 cents as early as June, analysts said.
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 6 MONTHS AGO
LONDON - BP Chief Executive Tony Hayward on Friday apologized to investors for the Gulf oil spill and assured them the company had "considerable firepower" to cover the cost.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 5 MONTHS AGO
NEW YORK - BP is probably sturdy enough to survive the worst oil spill in U.S. history. But investors are shaving billions of dollars off its value with every day that crude gushes into the Gulf of Mexico.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 5 MONTHS AGO
Opening more of America's coastlines to oil and natural gas drilling won't cut energy prices anytime soon. And it won't greatly reduce the country's dependence on foreign oil.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 7 MONTHS AGO
NEW YORK - Oil prices are again flirting with $80 a barrel after a two-week rally fueled by promising economic reports and worries that troubles in Europe and the Middle East could eventually tighten supplies.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 8 MONTHS AGO
NEW YORK - Despite a steady drumbeat of woeful economic news, investors continued to prop up oil prices Thursday, betting the global economy would turn around this year.
HUNGRY HORSE NEWS | UPDATED 15 YEARS, 8 MONTHS AGO
NEW YORK - Despite a steady drumbeat of woeful economic news, investors continued to prop up oil prices Thursday, betting the global economy would turn around this year.
NEW YORK - Despite a steady drumbeat of woeful economic news, investors continued to prop up oil prices Thursday, betting the global economy would turn around this year.