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Deteriorating economy cuts off rally in oil market

Associated Press
Mar 01, 2009 10:00 pm - SIOUX FALLS, S.D. -- Oil prices plummeted more than 10 percent Monday with little to suggest energy demand will recover in the deteriorating global economy. Benchmark cr...
Dow Jones drops 299 to close to below 7,000

Associated Press
Mar 01, 2009 10:00 pm - NEW YORK -- Investors' despair about financial companies and the recession has brought the Dow Jones industrial average to another unwanted milestone: its first drop bel...
Oil below $43, ending 2-day rise

Associated Press
Feb 26, 2009 10:00 pm - DENVER -- A record U.S. economic contraction dragged oil prices below $43 a barrel Friday, a day after crude surged on signs that weak U.S. demand could be recovering. B...
World stocks mostly lower as economic fears weigh

Associated Press
Feb 26, 2009 10:00 pm - LONDON -- European markets fell Friday on concerns about banks and pharmaceutical companies, whose profits investors believe may be curbed by President Obama's plan to r...
Street ends Feb. in steep loss

Associated Press
Feb 26, 2009 10:00 pm - NEW YORK -- Wall Street ended another unforgiving month with a steep loss -- one that left the Dow Jones industrial average at less than half its record high. The day's ...
Oil rises on hopes drop in U.S. demand is slowing

Associated Press
Feb 25, 2009 10:00 pm - DENVER -- Oil prices jumped for a second consecutive day Thursday as the supply of crude, for months a secondary consideration to rapidly declining demand, appeared to g...
European stocks higher on banks insurance scheme

Associated Press
Feb 25, 2009 10:00 pm - LONDON -- European markets rose Thursday as investors welcomed a British program to allow struggling banks to access government insurance against future losses on toxic ...
Weak health care stocks drag market lower

Associated Press
Feb 25, 2009 10:00 pm - NEW YORK -- This time, health care stocks bore the brunt of investors' wrath. Health insurers and drug companies, some of the better performers on Wall Street lately, le...
Oil prices jump after DOE inventory report

Associated Press
Feb 24, 2009 10:00 pm - NEW YORK -- Oil prices jumped above $42 per barrel Wednesday as a government report showed demand for gasoline is on the rise and that crude inventories have not grown a...
Stocks show some resilience

Associated Press
Feb 24, 2009 10:00 pm - NEW YORK - Wall Street ended a choppy session with a loss Wednesday, but showed its resilience as investors heard answers to some of their big questions about banks. The...

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