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Oil prices fall due to sluggish demand

Traders work the crude oil options pit at the New York Mercantile Exchange Wednesday, Jan. 6, 2010 in New York, according to The Associated Press. One of the worst winter blasts in years could not...

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Oil prices stay below $83 per barrel

Oil prices hovered below $83 a barrel Friday as investors looked to a key U.S. jobs report later in the day for clues about the strength of the economic recovery, The Associated Press reports. Signs of...

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Oil prices stay near $78 per barrel

Oil prices hovered around $78 a barrel this morning as traders weighed doubts about global oil demand against a weaker U.S. dollar, which made crude cheaper for investors holding other currencies. By...

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Saudis worried over global oil demand

JEDDAH, Saudi Arabia — A top Saudi energy official expressed serious concern today that world oil demand could peak in the next decade and said his country was preparing for that eventuality by...

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Soybean, corn prices tumble after report

NEW YORK — Soybeans are leading a big sell-off in grains trading after the government released its latest crop report. The Agriculture Department said yesterday that soybean stockpiles are larger than...

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Chinese steelmakers in price talks

SHANGHAI — A state-affiliated industry group vowed today to tighten control over iron ore trading as Chinese steelmakers discussed strategy for contentious price talks with global miners — the backdrop...

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Peanut farmers expecting increased demand

ACROSS MISSISSIPPI — Demand for Mississippi peanuts could be up because of season-long production problems in Georgia and Alabama. “Peanut crops in the central areas of Georgia and Alabama are...

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