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US Consumer Prices Rise 0.1 Per Cent in September

Oct 22, 2014 at 22:00 | Source: NDTV Profit

Washington: US consumer prices edged up slightly in September, with the overall increase held back by a third straight monthly decline in gasoline prices. The tiny gain was the latest evidence that inflation remains benign. Consumer prices rose 0.1 p...

Brent Crude Rises as China's Growth Exceeds Estimates

Oct 21, 2014 at 16:01 | Source: Bloomberg

West Texas Intermediate rose for the third time in four days amid speculation motor-fuel inventories shrank in the U.S., the world's biggest oil consumer. Brent advanced in London. Futures climbed as much as 0.9 percent in New York. Gasoline ...

Brazil's Neves closing campaign cash gap thanks to banks and ethanol

Oct 17, 2014 at 01:45 | Source: FirstPost

SAO PAULO (Reuters) - A late injection of campaign cash is helping business-friendly opposition candidate Aecio Neves push Brazil's presidential runoff against incumbent Dilma Rousseff down to the wire, eroding her huge fundraising advantage.Many of ...

Crude Oil Rebounds After Slipping to Fresh Lows

Oct 17, 2014 at 00:01 | Source: Wall Street Journal

Gasoline prices in the U.S. are the lowest they've been in four years. Why? WSJ's Jason Bellini has #TheShortAnswer. NEW YORK—Oil prices rebounded Thursday as traders who had bet on lower prices locked in profits after the benchmark...

Paris Motor Show: Toyota's plans for a fuel cell future

Oct 15, 2014 at 12:42 | Source: BBC

Dead-end, or the fast lane into the future? Opinion is divided over whether there will ever be a market for cars powered by hydrogen fuel cells. Well, Toyota is about to go some way to giving an answer. The Japanese giant announced at the Paris Motor...

Lower Oil Price Could Help Refiners

Oct 14, 2014 at 18:01 | Source: Wall Street Journal

Downstream operations that refine oil into gasoline and other products become more profitable when oil is cheaper. Reuters. By. Justin Scheck. Justin Scheck. The Wall Street Journal. CANCEL. BiographyJustin Scheck · Justin.Scheck@wsj.com. ...

Police Confront Protesters in St. Louis After Sit-In

Oct 12, 2014 at 22:00 | Source: Bloomberg

Police confronted protesters in St. Louis early today after demonstrators staged a sit-in at a gasoline station, fueling tensions after a day of peaceful rallies. About 100 demonstrators marched to a station on the corner of South Vandeventer and Pap...

Mexico: 28 bodies recovered in mass grave, too badly damaged for identification

Oct 06, 2014 at 07:23 | Source: FirstPost

Iguala, Mexico: Mexican forensic experts recovered 28 charred bodies from a clandestine grave on the outskirts of this city where police engaged in a deadly clash with student protesters a week ago, Guerrero state's chief prosecutor said Sunday.State...

Petrol price cut by 65p, diesel rate to wait for PM's return

Sep 30, 2014 at 21:35 | Source: FirstPost

New Delhi: Petrol price was today cut by 54 paisa a litre, but the first reduction in diesel rates in over five years was put off until the return of Prime Minister Narendra Modi from the US.State-owned oil firms, which skipped raising rates on 16 Se...

Air-Traffic Vulnerabily Examined in Fire Halting Flights

Sep 29, 2014 at 10:00 | Source: Bloomberg

The havoc created by a suicidal technician at a Chicago-area flight-control center has some lawmakers asking how a single person armed with gasoline and knives could bring down part of the U.S. air-traffic system. Damage caused last week by a man ...

Chicago-area air traffic center fire grounds 1,750 flights

Sep 27, 2014 at 05:30 | Source: FirstPost

CHICAGO (Reuters) - A fire apparently set by an employee at a Chicago-area air traffic control center led to the cancellation of more than 1,700 flights at the city's two major airports, snarling air traffic across the United States, officials said.F...

Chicago-area air traffic center fire grounds 1,700 flights

Sep 27, 2014 at 04:45 | Source: FirstPost

CHICAGO (Reuters) - A fire apparently set by an employee at a Chicago-area air traffic control center led to the cancellation of nearly 1,700 flights at the city's two major airports, snarling air traffic across the United States, officials said.Flig...

High-profile Chinese official confesses to graft

Sep 25, 2014 at 04:30 | Source: FirstPost

BEIJING (Reuters) - The former deputy head of China's top planning agency confessed in court on Wednesday to extensive bribery involving several companies including a Toyota Motor Corp. joint venture, the court said.Liu Tienan, 59, was sacked as depu...

Massive New York march aims to focus world's eyes on climate change

Sep 21, 2014 at 17:45 | Source: FirstPost

NEW YORK (Reuters) - World leaders including U.N. Secretary-General Ban Ki-moon were set to join farmers, fishermen, children and others in a massive demonstration on Sunday to demand action on climate change.Organizers are expecting 100,000 to join ...

How Islamic State uses Syria's oil to fuel its advances

Sep 18, 2014 at 23:45 | Source: FirstPost

AMMAN (Reuters) - In an oil field in northeastern Syria, a queue of trucks lines up daily to load crude sold cheaply by Islamic State militants who have hijacked parts of the country's energy industry in their bid to build a caliphate.Sales at Shadad...

U.S. consumer prices post first decline in nearly 1-1/2 years

Sep 17, 2014 at 23:30 | Source: FirstPost

WASHINGTON (Reuters) - U.S. consumer prices fell for the first time in nearly 1-1/2 years in August and underlying inflation pressures were muted, which could lessen the urgency for the Federal Reserve to raise interest rates.The Labor Department sai...

Brazil's Silva, a lifelong environmentalist, courts big agriculture

Sep 14, 2014 at 00:15 | Source: FirstPost

SAO PAULO (Reuters) - Brazilian presidential candidate Marina Silva, an icon of the green movement, is cozying up to old adversaries in the sugar and ethanol industry as she seeks to win over the powerful farm lobby ahead of next month's election.Sin...

Islamic State Smuggles Oil Into Turkey—With Hostages as Insurance

Sep 12, 2014 at 06:00 | Source: Business Week

Turks pay about 5 liras ($2.30) per liter at the pump, a higher price than in most European countries and more than double the average in the U.S.—the equivalent of almost $9 a gallon. That makes cheap oil and gasoline smuggled across the border fr...

WTI Trades Near Four-Day High as Supplies Decline; Brent Steady

Aug 28, 2014 at 06:53 | Source: Bloomberg

West Texas Intermediate traded near the highest price in four days after crude and gasoline supplies dropped in the U.S., the world's biggest oil consumer. Futures were little changed in New York after rising 2 cents yesterday. Crude stockpil...

WTI Trades Near Four-Day High as U.S. Crude Stockpiles Decline

Aug 28, 2014 at 06:01 | Source: Bloomberg

West Texas Intermediate traded near the highest price in four days after crude and gasoline supplies dropped in the U.S., the world's biggest oil consumer. Futures were little changed in New York after rising 2 cents yesterday. Crude stockpil...

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