oil price

Stocks mixed after retail sales report, spiking oil

NEW YORK -- Wall Street turned in a mixed performance Tuesday after a fresh report on retail sales and a new oil price record told investors the same old story: The economy is hurting and costs are rising, but things could be worse.

Futures signal fall on Wall Street; AIG, Citi in focus

FRANKFURT (Reuters) - Stock index futures fell on Friday after the world's largest insurer, American International Group (AIG.N), posted record quarterly losses, and as the oil price hit new heights.

Asian stock markets up

HONG KONG (Reuters) - Asian stock markets rose on Monday as investors' confidence in the battered financial sector seeped back and the dollar held on to recent gains, despite the oil price hitting a fresh all-time high close to $120 a barrel.

Treasurys Rise; Stocks Fall on Earnings

NEW YORK -- Long-term Treasury prices rallied Monday as stocks came under pressure from yet another record-smashing new oil price high and continued nervousness in the credit markets.

Forecasts for Crude Oil Rise to $105 on New Trading High

Just three years ago, Goldman Sachs shocked the investing world by sharply raising its oil price forecast for 2005 to an average of $50 a barrel. Two months ago, the investment bank predicted that oil prices would average $95 a barrel in 2008.

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