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Saturday, May 31, 2008
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Gas prices inch closer to $4 while oil gyrates
Summary from multiple countries, from articles in English
(CNN) Federal regulators investigating possible price manipulation of crude oil are probably looking at what role collapsed energy giant Enron may have played, a former government official said Friday. (article 9) The U.S. Energy Department's Energy Information Administration said delays in unloading oil tankers along the Gulf Coast had led to the 8.8 million-barrel drop in crude oil inventories for the week ended May 23. (article 5) NEW YORK - Retail gas and diesel prices reached new records Monday, adding to the pressure on drivers planning road trips for the coming holiday weekend, while oil prices stalled following last week's record highs. (article 3) p (05-30) 04:00 PDT Washington Federal regulators are six months into a wide-ranging investigation of U.S. oil markets, with a focus on possible price manipulation. (article 8) Oil futures, meanwhile, traded in a narrow range as investors tried to determine whether recent price declines were temporary. (article 2) Crude oil futures fell sharply in a day of volatile trading Thursday, even though inventory figures showed U.S. oil supplies unexpectedly fell in the last week. (article 4) US regulators on Thursday revealed a wide-ranging investigation into crude oil trading practices amid increasing Congressional concern over the role of speculators in record energy prices. (article 12)

Other summaries about this story:
  • Summary from Canada, from articles in English (1 articles) [compare]
  • Summary from United States, from articles in English (13 articles) [compare]

  • Other stories about oil, prices and energy:
  • Think gas prices are high? Try $11 in Turkey (6 articles)
  • Upstream Oil and Gas Activities, Maryland - (10 articles)

  • Event tracking:
  • Track this story's development in time

  • Story keywords
    oil, prices, energy, Gas, crude

    Source articles
    1. Sugar prices sink to 7-month low on supply glut (Washington Post, 05/30/2008, 571 words)
    2. Gas prices inch closer to $4 while oil gyrates (boston.com, 05/30/2008, 666 words)
    3. Gas prices break new record; Chicago hits $4 :: CHICAGO SUN-TIMES :: Nation (suntimes.com, 05/30/2008, 547 words)
    4. Oil plunges more than $4 US a barrel in wild trading (cbc.ca, 05/29/2008, 349 words)
    5. Oil prices fall to near $126 a barrel (Washington Post, 05/30/2008, 496 words)
    6. Oil steady, dollar gains overshadow steep stock fall (Washington Post, 05/29/2008, 353 words)
    7. U.S. Regulators Push to Strengthen Oversight of Energy Markets (nytimes.com, 05/30/2008, 507 words)
    8. Commission looking into possible price manipulation (sfgate.com, 05/30/2008, 497 words)
    9. Ex-official: Enron probably a focus of oil inquiry (CNN, 05/30/2008, 432 words)
    10. U.S. oil probe focusing on price manipulation: report (Washington Post, 05/30/2008, 354 words)
    11. U.S. oil probes focusing on price manipulation: report (Washington Post, 05/30/2008, 571 words)
    12. Futures watchdog investigates oil market (ft.com, 05/29/2008, 1020 words)
    13. ALL BUSINESS: Commodities risky for pension funds (Washington Post, 05/30/2008, 461 words)
    14. Money and Monetary Policy, New York City, Ben Bernanke - (baltimoresun.com, 05/31/2008, 410 words)




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