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Retail sales up modestly; growth forecasts pared
Apr 13, 2011 14:56 EDT
WASHINGTON (Reuters) - U.S. retail sales posted their smallest gain in nine months in March, as auto sales plunged and consumers felt the sting of higher gas prices.
Retail sales up modestly; growth forecasts pared
Apr 13, 2011 14:56 EDT
WASHINGTON (Reuters) - U.S. retail sales posted their smallest gain in nine months in March, as auto sales plunged and consumers felt the sting of higher gas prices.
Retail sales up modestly; growth forecasts pared
Apr 13, 2011 14:56 EDT
WASHINGTON (Reuters) - U.S. retail sales posted their smallest gain in nine months in March, as auto sales plunged and consumers felt the sting of higher gas prices.
High gas prices hurt U.S. confidence: Reuters/Ipsos poll
Apr 13, 2011 14:11 EDT
WASHINGTON (Reuters) - Rising U.S. gasoline prices have damaged confidence in the country's future and forced Americans to change their spending habits and lifestyles, a Reuters/Ipsos poll released on Wednesday found.
High gas prices hurt confidence: Reuters/Ipsos poll
Apr 13, 2011 12:14 EDT
WASHINGTON (Reuters) - Rising gasoline prices have damaged confidence in the country's future and forced Americans to change their spending habits and lifestyles, a Reuters/Ipsos poll released on Wednesday found.
Oil prices dive on IEA, Goldman demand warnings
Apr 12, 2011 16:08 EDT
World oil prices slumped for a second straight day Tuesday after the International Energy Agency warned that recent high prices have hurt global demand for energy.
Factbox: Ecuador, US in diplomatic dispute over WikiLeak
Apr 07, 2011 18:22 EDT
(Reuters) - Ecuador has expelled the U.S. ambassador to the South American country, triggering a diplomatic spat with the United States that could hurt trade ties between the countries.
World looks beyond Libyan oil as conflict rages
Mar 27, 2011 23:37 EDT
One month into its unrest, the shutdown of Libya's oil fields is creating strains in the world's oil networks as consumers scour the world to replace its highly-prized "sweet" crude.
World looks beyond Libyan oil as conflict rages
Mar 27, 2011 18:22 EDT
One month into its unrest, the shutdown of Libya's oil fields is creating strains in the world's oil networks as consumers scour the world to replace its highly-prized "sweet" crude.
Welcome mat still out for new U.S. nuclear plants
Mar 18, 2011 17:12 EDT
ATLANTA (Reuters) - For much of the world, Japan's nuclear crisis has heightened concerns about nuclear power. But in the U.S. Southeast, where the next set of reactors are planned, the concerns are not so great.
Shoppers shake off high gasoline costs in February
Mar 11, 2011 11:35 EST
WASHINGTON (Reuters) - Retail sales posted their largest gain in four months in February as shoppers stepped up purchases of autos, clothes and other goods even as they spent more for gasoline.
Shoppers shake off high gasoline costs in February
Mar 11, 2011 11:35 EST
WASHINGTON (Reuters) - Retail sales posted their largest gain in four months in February as shoppers stepped up purchases of autos, clothes and other goods even as they spent more for gasoline.
Libyan oil output down by more than two-thirds
Mar 09, 2011 16:40 EST
Libyan oil output is down by more than two-thirds from 1.6 million barrels per day to just 500,000 amid the uprising against Moamer Kadhafi's regime, National Oil Corporation boss Shukri Ghanem said Wednesday.
Gasoline cost to jump $700 for average household
Mar 09, 2011 16:18 EST
WASHINGTON (Reuters) - U.S. drivers will pay another 10 cents a gallon for gasoline before the latest jump in wholesale costs is fully passed on at the pump, and yearly motor fuel costs will rise 28 percent from last year, the Energy Department said on Wednesday.
Oil prices ease as Saudi downplays supply fears
Mar 08, 2011 15:46 EST
Saudi Arabia's assurances Tuesday that it would counter any disruptions of the global oil market pushed crude prices down Tuesday, but Libya's ongoing turmoil kept a floor on the market.
U.S. gasoline demand drops 1.8 percent: MasterCard
Mar 08, 2011 15:24 EST
NEW YORK (Reuters) - U.S. retail gasoline demand fell last week after high gasoline prices dampened demand in all U.S. regions, MasterCard Advisors' SpendingPulse report showed on Tuesday.
OPEC mulls boosting output, Iran sees no need
Mar 08, 2011 15:20 EST
KUWAIT/DUBAI (Reuters) - OPEC is in talks about boosting oil supplies, Kuwait's oil minister said on Tuesday, but many in the group remained skeptical, saying world supply is comfortable despite the loss of Libyan crude.
Two-week gasoline price rise second biggest ever
Mar 07, 2011 22:34 EST
WASHINGTON (Reuters) - U.S. retail gasoline prices soared another 13.7 cents over the last week to a national average of $3.52 a gallon, rising 33.1 cents during the last two weeks, the Energy Department said on Monday.
China says it wants green growth within five years
Mar 02, 2011 23:25 EST
China, the world's biggest polluter, plans to "go green" in the next five years, emphasising energy efficiency and the battle on its choking pollution in its plans to revamp the economy, experts say.
Oil pare gains as stocks at key U.S. hub hit record
Mar 02, 2011 11:26 EST
LONDON (Reuters) - U.S. crude oil pared gains on Wednesday, falling briefly below $99 a barrel after government data showing stocks at the key delivery hub of Cushing hit a record high.
