August 31, 2010
[at MarketWatch] – Oil for October delivery finished lower on Tuesday, with losses accelerating at the close of the session. Crude futures closed down 3.7% at $71.92 a barrel. Oil closed the month of August with a drop of 8.9%, its first monthly decline since May.
[TheStreet.com] – Gold prices were rallying Tuesday on safe-haven buying.
[AP] – Republican gubernatorial candidate Phil Moffett proposed major changes Tuesday to the way coal severance taxes are collected and spent in Kentucky.
[at MarketWatch] – Crude prices fall below $73 a barrel and are on track for their first monthly decline since May, with traders positioned for upcoming weekly supplies data while worries about global economic growth weighed on markets.
[AP] – Grains futures mostly fell Tuesday on the Chicago Board of Trade, although wheat prices rose. Wheat for December delivery added 5.5 cents to $7.10 a bushel; December corn dipped 0.25 cent to $4.4125 a bushel; December oats shed 0.75 cent to $2.775 a bushel; and soybeans for November delivery fell 6.5 cents to [...]
[at TheStreet.com] – Gold prices were rallying Tuesday on safe-haven buying.
[at MarketWatch] – Crude prices fall Tuesday, on track for their first monthly decline since May, with traders positioned for upcoming weekly supplies data while worries about global economic growth weighed on markets.
[AP] – Anadarko Petroleum Corp., which owned a minority interest in BP s Deepwater Horizon oil rig that collapsed into the Gulf of Mexico, spent $1.2 million in the second quarter to lobby the federal government on a number of issues related to the spill.