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Oil Breaks Over $53, Gasoline Hits Record

By Richard Valdmanis NEW YORK (Reuters) - U.S. crude oil prices rose to a fresh four-month high over $53 a barrel Wednesday as refinery problems in Texas propelled gasoline up to an all-time peak. U.S. light crude futures on the New York Mercantile Exchange (CLc1: Quote , Profile , Research ) touch... : Oil Breaks Over $53, Gasoline Hits Record

Oil Nears Record on Cold Northeast

NEW YORK (Reuters) - U.S. crude oil prices came within pennies of their record peak on Wednesday before slipping back, as worries over demand growth overshadowed rising stockpile levels in the United States. Cold weather in the U.S. Northeast, the world's largest heating oil market, also helped support red-hot prices, which have surged more than 25 percent since the start of the year. U.S. light crude for prompt-month April delivery (CLc1: Quote , Profile , Resear... : Oil Nears Record on Cold Northeast

Google tries for $300

Bowling for Google Shares of the top search engine are getting close to $300 and analysts still see more room to run. May 25, 2005: 3:05 PM EDT By Paul R. La Monica, CNN/Money senior writer NEW YORK (CNN/Money) - Is Google on its way to hitting a perfect bowling score, a $300 stock price, in the near future? At Tuesda... : Google tries for $300

Oil Prices Down as Supply Fears Ease

LONDON (Reuters) - Oil prices fell further from record highs on Monday as easing concern about winter supplies prompted big-money hedge funds to switch money away from oil and into other financial markets. U.S. light crude (CLc1: Quote , Profile , Research ) fell 61 cents to $49.00 a barrel, nearly $7 below the all-time peak at $55.67 struck on Oct 25. Londo... : Oil Prices Down as Supply Fears Ease

Stocks Look to Open Lower After Rally

By Michael Flaherty NEW YORK (Reuters) - U.S. stock futures pointed to a slightly lower market open on Monday as investors pause after last weeks rally and mull an expected interest rate hike and a weakening dollar. Bristol-Myers Squibb Co. (BMY.N: Quote , Profile , Research ) and Medarex Inc. (MEDX.O: Quote , Profile , Research ) said on Monday they formed a development and marketing... : Stocks Look to Open Lower After Rally
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