Market Outlook
Gas price could slide another 20 cents by year-end
Retail gasoline prices have dropped about 50 cents a gallon since the spring, and motorists could see them slide another 20 cents before the end of the year.
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Oil prices rise on economic news
Oil prices climbed Tuesday on expectations of a slower — but still growing — global economy.
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Oil up to near $87 on European debt plan hopes
Oil prices inched back up to near $87 a barrel Monday as market sentiment improved on hopes for a European debt crisis deal and as upbeat U.S. retail sales data boosted hopes that the world's biggest economy will avoid recession.
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Oil below $85 amid hope for EU debt crisis plan
Oil prices slipped below $85 a barrel Tuesday, as doubts surfaced about expanding a bailout plan in Europe and OPEC cut its estimate for world oil demand.
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Oil prices above $85 for first time since Sept.
Oil prices jumped more than 3 percent Monday after France and Germany agreed to strengthen Europe's ailing banks.
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Oil prices at $83 per barrel on jobs increase
Oil prices climbed to near $83 per barrel as a volatile week for crude ended with news of a burst of hiring in the U.S. Here's a breakdown of how energy contracts traded Friday.
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Oil prices above $83 per barrel on jobs increase
Oil prices are rising after a burst of hiring in the U.S. calmed fears of a new recession.
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Oil above $82 on positive news for Europe banks
Oil prices rose Thursday as Europe's central bank tried to strengthen the region's financial system. Benchmark crude jumped $2.91, or 3.7 percent, to finish at $82.59 per barrel in New York, while Brent crude rose $3, or 2.9 percent, to end at $105.73 in London.
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Oil near $81 on hopes of Europe action on banks
Oil prices rose above $80 a barrel Thursday, continuing a rebound from 12-month lows on signs that European finance officials are moving to bolster the region's banks.
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Oil climbs on positive signs for Europe economy
Oil rebounded Wednesday from 12-month lows on signs that financial leaders will move to bolster struggling European banks and on positive U.S. economic news.
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Oil up to $78 amid hopes of Europe financial fix
Oil prices climbed to $78 a barrel Wednesday amid hopes that Europe will contain the debt crisis that has engulfed Greece and threatens to destabilize other countries that use the euro.
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