http://topics.cnn.com/topics/feeds/rss/Commodity_MarketsFind stories, videos, and photos about Commodity Markets from CNN.com.en-usCable News Network LP, LLLP.Thu, 26 Nov 2009 06:35:41 GMT5http://i.cdn.turner.com/cnn/.element/img/1.0/logo/cnn.logo.rss.gifhttp://topics.cnn.com/topics/feeds/rss/Commodity_Markets14433Find stories, videos, and photos about Commodity Markets from CNN.com.http://money.cnn.com/2009/11/13/markets/gold/index.htmhttp://money.cnn.com/2009/11/13/markets/gold/index.htmGold prices rose Friday to a record high, recovering from earlier losses, as the U.S. dollar weakened against rival currencies.Fri, 13 Nov 2009 20:38:00 ESThttp://money.cnn.com/2009/11/11/markets/oil/index.htmhttp://money.cnn.com/2009/11/11/markets/oil/index.htmOil rose modestly Wednesday, responding to a 15-month low in the dollar and robust Chinese demand growth and factory output.Wed, 11 Nov 2009 18:34:00 ESThttp://money.cnn.com/2009/11/10/markets/oil.reut/index.htmhttp://money.cnn.com/2009/11/10/markets/oil.reut/index.htmOil prices fell Tuesday as the dollar firmed and energy companies began restoring offshore operations disrupted by Tropical Storm Ida.Tue, 10 Nov 2009 20:10:00 ESThttp://money.cnn.com/2009/11/03/markets/gold/index.htmhttp://money.cnn.com/2009/11/03/markets/gold/index.htmGold prices surged to a record high Tuesday after the International Monetary Fund said it had sold 200 metric tons of the precious metal to India's central bank.Tue, 03 Nov 2009 20:04:00 ESThttp://money.cnn.com/2009/10/29/markets/oil.reut/index.htmhttp://money.cnn.com/2009/10/29/markets/oil.reut/index.htmOil rose nearly $3 to top $80 a barrel Thursday after news that the U.S. economy returned to growth in the third quarter, reviving expectations of an increase in fuel consumption.Thu, 29 Oct 2009 18:56:00 EDThttp://money.cnn.com/2009/10/28/markets/oil.reut/index.htmhttp://money.cnn.com/2009/10/28/markets/oil.reut/index.htmOil fell more than 2% Wednesday on worries about demand in the world's largest fuel consumer after data showed a surprise build in U.S. gasoline inventories and weak U.S. new home sales.Wed, 28 Oct 2009 19:30:00 EDThttp://money.cnn.com/2009/10/20/markets/thebuzz/index.htmhttp://money.cnn.com/2009/10/20/markets/thebuzz/index.htmOil prices are back around $80 a barrel for the first time in nearly a year. But is that good news or bad news for the economy? Let the debate begin.Tue, 20 Oct 2009 17:57:00 EDThttp://money.cnn.com/2009/10/16/markets/oil_price_outlook/index.htmhttp://money.cnn.com/2009/10/16/markets/oil_price_outlook/index.htmOil prices have vaulted above $78 a barrel this week as investors continue to fret about a weak dollar and the pace of the economic recovery.Fri, 16 Oct 2009 18:14:00 EDThttp://money.cnn.com/2009/10/06/markets/dollar_oil_gold/index.htmhttp://money.cnn.com/2009/10/06/markets/dollar_oil_gold/index.htmGold surged to a record high Tuesday after a news report sparked widespread talk about the U.S. dollar being unseated as the currency for trading oil.Tue, 06 Oct 2009 19:24:00 EDThttp://money.cnn.com/2009/10/05/markets/oil/index.htmhttp://money.cnn.com/2009/10/05/markets/oil/index.htmOil topped $70 a barrel Monday, tracking an advance on Wall Street.Mon, 05 Oct 2009 19:24:00 EDThttp://money.cnn.com/2009/09/17/markets/oil/index.htmhttp://money.cnn.com/2009/09/17/markets/oil/index.htmOil prices fell slightly Thursday as stocks slipped, after gaining more than 5% earlier this week.Thu, 17 Sep 2009 19:15:00 EDThttp://money.cnn.com/2009/09/16/markets/gold/index.htmhttp://money.cnn.com/2009/09/16/markets/gold/index.htmGold prices settled Wednesday at their highest point as the dollar slumped and inflation concerns boosted demand for the metal as a hedge against rising prices.Wed, 16 Sep 2009 21:37:00 EDThttp://money.cnn.com/2009/09/16/markets/oil/index.htmhttp://money.cnn.com/2009/09/16/markets/oil/index.htmOil prices rose for the second session straight Wednesday after a government report showed crude inventories fell more than expected, and the dollar continued to weaken.Wed, 16 Sep 2009 19:14:00 EDThttp://www.cnn.com/2009/LIVING/wayoflife/09/14/mf.get.rich.off.weather/index.html#cnnSTCTexthttp://www.cnn.com/2009/LIVING/wayoflife/09/14/mf.get.rich.off.weather/index.html#cnnSTCTextDid you know you can invest in the weather? It's true. You can actually make money speculating that the temperature in Sacramento, California, will be warmer than it normally is. If that's too dull for your portfolio, you can put money down on the inches of snowfall next winter in Boston, Massachusetts, or the strength of hurricanes in the Gulf of Mexico.Mon, 14 Sep 2009 20:47:00 EDThttp://money.cnn.com/2009/09/03/markets/thebuzz/index.htmhttp://money.cnn.com/2009/09/03/markets/thebuzz/index.htmAre gold investors starting to sense something wrong that others are missing?Thu, 03 Sep 2009 19:12:00 EDThttp://money.cnn.com/2009/08/27/markets/oil/index.htmhttp://money.cnn.com/2009/08/27/markets/oil/index.htmOil prices settled more than $1 higher Thursday, reversing directions several times toward the end of a volatile trading week.Thu, 27 Aug 2009 20:35:00 EDThttp://money.cnn.com/2009/08/19/markets/oil_price_fluctuation/index.htmhttp://money.cnn.com/2009/08/19/markets/oil_price_fluctuation/index.htmOil prices have surged more than 50% from the start of the year, but don't expect a return to triple digits anytime soon -- worries about the pace of an economic recovery will continue to drive near-term volatility.Wed, 19 Aug 2009 19:52:00 EDThttp://money.cnn.com/2009/08/10/news/economy/gas/index.htmhttp://money.cnn.com/2009/08/10/news/economy/gas/index.htmGasoline prices, which have surged 19 cents in the past 20 days, are not far from the highest level industry analysts expect this summer, but they remain well below last year's record.Mon, 10 Aug 2009 17:50:00 EDThttp://money.cnn.com/2009/07/30/markets/oil/index.htmhttp://money.cnn.com/2009/07/30/markets/oil/index.htmOil jumped more than 5% to near $67 a barrel Thursday as economic data sparked fresh optimism that the recession may be bottoming out.Thu, 30 Jul 2009 19:55:00 EDThttp://money.cnn.com/2009/07/29/markets/oil/index.htmhttp://money.cnn.com/2009/07/29/markets/oil/index.htmOil prices plunged 6% Wednesday after the government reported a surprise increase in oil stockpiles, U.S. and Asian stock markets fell, and a report on durable goods came in much weaker than expected.Wed, 29 Jul 2009 19:56:00 EDThttp://money.cnn.com/2009/07/28/news/economy/oil_prices_speculators.fortune/index.htmhttp://money.cnn.com/2009/07/28/news/economy/oil_prices_speculators.fortune/index.htmWord is that the Commodities Futures Trading Commission is set to do an about-face on the role speculators play in setting oil prices. According to the Wall Street Journal, a CFTC study set to be released next month will find speculators to blame for last year's high prices. Presumably, the study will provide some intellectual justification for the Obama administration's plan to rein in oil speculators.Tue, 28 Jul 2009 20:04:00 EDThttp://money.cnn.com/2009/07/26/news/economy/lundberg_gas_prices.cnnw/index.htmhttp://money.cnn.com/2009/07/26/news/economy/lundberg_gas_prices.cnnw/index.htmGasoline prices fell more than 7 cents a gallon over the past two weeks, despite a rise in crude oil prices, according to a survey published Sunday.Sun, 26 Jul 2009 20:30:00 EDThttp://money.cnn.com/2009/07/02/markets/year_oil/index.htmhttp://money.cnn.com/2009/07/02/markets/year_oil/index.htmOne year ago, on July 3, 2008, oil prices settled at a record high -- a once-unthinkable $145.29 a barrelThu, 02 Jul 2009 20:31:00 EDThttp://money.cnn.com/2009/06/17/news/economy/gas_prices/index.htmhttp://money.cnn.com/2009/06/17/news/economy/gas_prices/index.htmGas prices have risen for 50 days in a row and the pain at the pump is taking a toll on household budgets across the nation.Wed, 17 Jun 2009 17:59:00 EDThttp://money.cnn.com/2009/06/16/news/economy/oil_on_rise_again.fortune/index.htmhttp://money.cnn.com/2009/06/16/news/economy/oil_on_rise_again.fortune/index.htmAsk a group of oil analysts about the recent surge in crude costs and here's the consensus answer you'll get: Prices have run up too far, too fast and they aren't supported by the fundamentals.Tue, 16 Jun 2009 14:40:00 EDThttp://money.cnn.com/2009/06/15/markets/oil/index.htmhttp://money.cnn.com/2009/06/15/markets/oil/index.htmOil sold off Monday to settle near the $70 mark as the dollar rose, stocks fell, and a slew of global events put downward pressure on prices.Mon, 15 Jun 2009 18:48:00 EDThttp://money.cnn.com/2009/06/11/news/economy/gas/index.htmhttp://money.cnn.com/2009/06/11/news/economy/gas/index.htmGas prices are creeping towards $3 a gallon and consumers are getting squeezed. That has many analysts worried that another painful summer driving season will stifle an economic recovery.Thu, 11 Jun 2009 22:56:00 EDThttp://money.cnn.com/2009/06/11/markets/oil/index.htmhttp://money.cnn.com/2009/06/11/markets/oil/index.htmOil jumped near $73 a barrel on Thursday after the International Energy Agency raised its estimate for 2009 oil demand for the first time in 10 months.Thu, 11 Jun 2009 18:53:00 EDThttp://money.cnn.com/2009/06/08/markets/oil/index.htmhttp://money.cnn.com/2009/06/08/markets/oil/index.htmOil prices fell slightly Monday as lower U.S. stocks and a higher dollar pushed crude off recent highs.Mon, 08 Jun 2009 19:17:00 EDThttp://money.cnn.com/2009/06/04/markets/gold/index.htmhttp://money.cnn.com/2009/06/04/markets/gold/index.htmGold prices charged higher Thursday, with another run at $1,000 an ounce looking increasingly likely, as the dollar remains weak and concerns about inflation boost demand for the metal.Thu, 04 Jun 2009 20:02:00 EDThttp://money.cnn.com/2009/06/03/markets/oil/index.htmhttp://money.cnn.com/2009/06/03/markets/oil/index.htmOil prices extended their decline Wednesday after a weekly government inventory report said crude supplies rose unexpectedly.Wed, 03 Jun 2009 18:54:00 EDThttp://money.cnn.com/2009/05/28/markets/oil/index.htmhttp://money.cnn.com/2009/05/28/markets/oil/index.htmOil rose above $65 a barrel Thursday after OPEC decided to leave the group's crude production unchanged and an inventory report showed an unexpected decline in supply.Thu, 28 May 2009 18:52:00 EDThttp://money.cnn.com/2009/05/27/markets/oil/index.htmhttp://money.cnn.com/2009/05/27/markets/oil/index.htmOil flirted with $64 a barrel on Wednesday after the Saudi oil minister said the global economy can handle oil prices between $75 and $80.Thu, 28 May 2009 00:05:00 EDThttp://money.cnn.com/2009/05/26/markets/oil/index.htmhttp://money.cnn.com/2009/05/26/markets/oil/index.htmOil prices rebounded Tuesday to their highest level this year as a triple-digit rally on Wall Street pulled crude off its earlier lows.Tue, 26 May 2009 19:06:00 EDThttp://money.cnn.com/2009/05/22/markets/oil/index.htmhttp://money.cnn.com/2009/05/22/markets/oil/index.htmOil prices rose Friday as the dollar lost ground on growing woes over the creditworthiness of the U.S. and as a report showed that demand for oil is recovering in China.Fri, 22 May 2009 18:52:00 EDThttp://money.cnn.com/2009/05/22/news/economy/oil_recovery/index.htmhttp://money.cnn.com/2009/05/22/news/economy/oil_recovery/index.htmYou've probably noticed it at the gas pump.Fri, 22 May 2009 12:18:00 EDThttp://money.cnn.com/2009/05/21/markets/oil/index.htmhttp://money.cnn.com/2009/05/21/markets/oil/index.htmOil prices sank Thursday, retreating from six-month highs reached in the previous session, as all three major U.S. stock indexes fell hard and the U.S. dollar gained ground.Thu, 21 May 2009 18:52:00 EDThttp://money.cnn.com/2009/05/19/markets/oil/index.htmhttp://money.cnn.com/2009/05/19/markets/oil/index.htmOil rose Tuesday, although it eased from an earlier six-month high over $60 a barrel, as investors digested a tepid advance on Wall Street and waited for a supply report expected to show a dip in inventories.Tue, 19 May 2009 18:55:00 EDThttp://money.cnn.com/2009/05/14/markets/oil/index.htmhttp://money.cnn.com/2009/05/14/markets/oil/index.htmOil prices rose modestly Thursday, recovering from earlier losses, as investors looked past a grim outlook for world oil demand to focus on Wall Street gains.Thu, 14 May 2009 18:50:00 EDThttp://money.cnn.com/2009/05/12/markets/oil/index.htmhttp://money.cnn.com/2009/05/12/markets/oil/index.htmOil prices held their gains Tuesday, after climbing to a six-month high, as investors weighed signs of economic stabilization against weak energy demand and record-high crude inventories.Tue, 12 May 2009 18:58:00 EDThttp://money.cnn.com/2009/05/12/markets/thebuzz/index.htmhttp://money.cnn.com/2009/05/12/markets/thebuzz/index.htmThe price of oil is back towards $60 a barrel for the first time since November. Prices have shot up more than 70% since hitting their low point for the year in mid-February.Tue, 12 May 2009 17:01:00 EDThttp://money.cnn.com/2009/05/11/markets/oil/index.htmhttp://money.cnn.com/2009/05/11/markets/oil/index.htmOil prices fell Monday, after hitting a high for the year in the previous session, as optimism about an economic recovery was tempered by ongoing concerns about weak demand and record-high inventories.Mon, 11 May 2009 19:04:00 EDThttp://money.cnn.com/2009/05/01/markets/oil/index.htmhttp://money.cnn.com/2009/05/01/markets/oil/index.htmOil prices ended above $53 a barrel Friday for the first time in more than a month as new economic reports showed that the nation's recession may be easing.Fri, 01 May 2009 19:15:00 EDThttp://money.cnn.com/2009/04/28/markets/oil/index.htmhttp://money.cnn.com/2009/04/28/markets/oil/index.htmOil prices ended just under $50 a barrel Tuesday as investors see the global swine flu outbreak chipping away at already weak demand for energy.Tue, 28 Apr 2009 18:58:00 EDThttp://money.cnn.com/2009/04/27/markets/oil/index.htmhttp://money.cnn.com/2009/04/27/markets/oil/index.htmThe price of oil fell nearly 3% Monday as concerns about the potential economic repercussions of a swine flu pandemic weighed on the stock market and lifted the U.S. dollar.Mon, 27 Apr 2009 18:59:00 EDThttp://money.cnn.com/2009/04/20/markets/oil/index.htmhttp://money.cnn.com/2009/04/20/markets/oil/index.htmThe price of oil fell sharply Monday as the dollar advanced and investors remained concerned about weak demand and rising inventories.Mon, 20 Apr 2009 18:57:00 EDThttp://money.cnn.com/2009/04/13/news/companies/kimes_oilstocks.fortune/index.htmhttp://money.cnn.com/2009/04/13/news/companies/kimes_oilstocks.fortune/index.htmEver since crude hit a record high of $147 per barrel last July, owning oil stocks has been a little like bungee jumping - a long, terrifying plunge that you pray will be followed by a life-affirming bounce. Well, it may finally be time to exhale.Tue, 14 Apr 2009 13:13:00 EDThttp://money.cnn.com/2009/04/08/markets/oil/index.htmhttp://money.cnn.com/2009/04/08/markets/oil/index.htmOil prices rose Wednesday - ending a 3-day decline - as stocks advanced and a government report showed supplies of crude increased less than expected.Wed, 08 Apr 2009 18:52:00 EDThttp://money.cnn.com/2009/03/31/markets/oil/index.htmhttp://money.cnn.com/2009/03/31/markets/oil/index.htmOil prices ended the session higher on Tuesday, just shy of the $50 a barrel threshold, as a Wall Street rally picked up steam late in the trading day.Tue, 31 Mar 2009 19:18:00 EDThttp://money.cnn.com/2009/03/20/markets/oil/index.htmhttp://money.cnn.com/2009/03/20/markets/oil/index.htmOil prices fell Friday but managed to close above $50 a barrel for the second day in a row as investors mulled the trillion dollar U.S. plan that is aimed at thawing credit markets.Fri, 20 Mar 2009 21:59:00 EDThttp://money.cnn.com/2009/03/18/markets/oil_prices/index.htmhttp://money.cnn.com/2009/03/18/markets/oil_prices/index.htmCrude closed at $33.87 a barrel earlier this winter, and that's likely the lowest we'll see for some time.Thu, 19 Mar 2009 20:58:00 EDThttp://money.cnn.com/2009/03/19/markets/oil/index.htmhttp://money.cnn.com/2009/03/19/markets/oil/index.htmOil prices jumped Thursday, closing above the $50 threshold for the first time since late November, as the dollar weakened significantly after the government announced it would spend another $1 trillion.Thu, 19 Mar 2009 18:53:00 EDThttp://money.cnn.com/2009/03/13/markets/oil/index.htmhttp://money.cnn.com/2009/03/13/markets/oil/index.htmOil prices sank nearly a dollar Friday as OPEC and the IEA cut their 2009 demand projections.Fri, 13 Mar 2009 19:29:00 EDThttp://money.cnn.com/2009/02/19/markets/oil/index.htmhttp://money.cnn.com/2009/02/19/markets/oil/index.htmOil prices rose more than 14% Thursday after the government reported that the nation's supplies of crude fell last week for the first time in two months.Fri, 20 Feb 2009 19:48:00 ESThttp://money.cnn.com/2009/02/11/markets/oil/index.htmhttp://money.cnn.com/2009/02/11/markets/oil/index.htmOil prices plummeted Wednesday after an international report said global demand for crude will continue to fall in 2009, re-igniting oversupply concerns.Wed, 11 Feb 2009 20:20:00 ESThttp://money.cnn.com/2009/02/09/news/economy/oil/index.htmhttp://money.cnn.com/2009/02/09/news/economy/oil/index.htmOil prices fell Monday, erasing earlier gains, as the market remains confined to a narrow trading range by concerns about waning demand and ongoing production cuts.Mon, 09 Feb 2009 22:31:00 ESThttp://money.cnn.com/2009/02/04/markets/oil/index.htmhttp://money.cnn.com/2009/02/04/markets/oil/index.htmOil prices turned lower Wednesday, as a bigger-than-expected increase in the nation's crude supply offset indications of further OPEC production cuts.Wed, 04 Feb 2009 20:05:00 ESThttp://money.cnn.com/2009/01/30/markets/gold/index.htmhttp://money.cnn.com/2009/01/30/markets/gold/index.htmThe price of gold continued to climb Friday after a bout of grim economic news increased the precious metal's safe-haven appeal.Fri, 30 Jan 2009 19:50:00 ESThttp://money.cnn.com/2009/01/16/markets/oil/index.htmhttp://money.cnn.com/2009/01/16/markets/oil/index.htmOil prices ended higher Friday after seesawing following a major world energy report that projected demand for crude would continue to decline through 2009.Sun, 18 Jan 2009 17:34:00 ESThttp://money.cnn.com/2009/01/15/markets/oil/index.htmhttp://money.cnn.com/2009/01/15/markets/oil/index.htmOil prices fell nearly $2 a barrel Thursday, to the lowest close since Christmas Eve, as global economic weakness and falling demand continued to weigh on the market.Thu, 15 Jan 2009 20:10:00 ESThttp://money.cnn.com/2009/01/14/markets/oil/index.htmhttp://money.cnn.com/2009/01/14/markets/oil/index.htmOil prices dipped a bit Wednesday after the government's weekly supply report and fresh recession concerns continued to chip away at demand.Wed, 14 Jan 2009 19:54:00 ESThttp://money.cnn.com/2009/01/13/markets/oil/index.htmhttp://money.cnn.com/2009/01/13/markets/oil/index.htmThe price of oil rose Tuesday, ending five days of declines, after Saudi Arabia signaled additional production cuts and Fed chairman Ben Bernanke said stimulus plans could aid an economic recovery.Tue, 13 Jan 2009 19:57:00 ESThttp://money.cnn.com/2009/01/12/news/companies/Alcoa_earns/index.htmhttp://money.cnn.com/2009/01/12/news/companies/Alcoa_earns/index.htmAluminum producer Alcoa Inc. reported a larger-than-expected fourth-quarter loss Monday amid slumping commodity prices and economic weakness.Mon, 12 Jan 2009 23:36:00 ESThttp://money.cnn.com/2009/01/12/markets/oil/index.htmhttp://money.cnn.com/2009/01/12/markets/oil/index.htmThe price of oil fell Monday as investors remained focused on last week's bad economic news and bet that demand for petroleum products will continue to decline.Mon, 12 Jan 2009 19:52:00 ESThttp://money.cnn.com/2009/01/09/news/economy/gas_prices/index.htmhttp://money.cnn.com/2009/01/09/news/economy/gas_prices/index.htmGasoline prices have surged some 10% over the past week but don't expect the $4-a-gallon record highs of last summer anytime soon.Fri, 09 Jan 2009 21:17:00 ESThttp://money.cnn.com/2009/01/09/markets/oil/index.htmhttp://money.cnn.com/2009/01/09/markets/oil/index.htmOil prices fell Friday after a government report showing significant job losses added to concerns about weaker demand in an ailing economy.Fri, 09 Jan 2009 19:55:00 ESThttp://money.cnn.com/2009/01/08/markets/oil/index.htmhttp://money.cnn.com/2009/01/08/markets/oil/index.htmOil prices extended their declines Thursday as further signs of economic weakness signaled a slowdown in demand.Thu, 08 Jan 2009 20:07:00 ESThttp://money.cnn.com/2009/01/07/markets/oil/index.htmhttp://money.cnn.com/2009/01/07/markets/oil/index.htmOil prices fell Wednesday in one of the biggest single-day declines in history, after a woeful supply report gave previously bullish investors little reason to believe oil would sustain a rally anytime soon.Wed, 07 Jan 2009 22:01:00 ESThttp://money.cnn.com/2009/01/07/news/economy/gas/index.htmhttp://money.cnn.com/2009/01/07/news/economy/gas/index.htmAverage gasoline prices jumped nearly 4 cents on Wednesday, according to a national survey of gas station credit card swipes.Wed, 07 Jan 2009 16:58:00 ESThttp://money.cnn.com/2009/01/06/markets/oil/index.htmhttp://money.cnn.com/2009/01/06/markets/oil/index.htmOil prices fluctuated wildly Tuesday then settled slightly lower after a handful of dismal economic reports countered signs that OPEC nations were starting to comply with planned output cuts.Tue, 06 Jan 2009 20:25:00 ESThttp://money.cnn.com/2009/01/05/markets/gold/index.htmhttp://money.cnn.com/2009/01/05/markets/gold/index.htmThe price of gold fell to a two-week low Monday as the U.S. dollar rallied on new details about President-elect Barack Obama's fiscal stimulus plan.Mon, 05 Jan 2009 20:10:00 ESThttp://money.cnn.com/2009/01/05/news/economy/gas/index.htmhttp://money.cnn.com/2009/01/05/news/economy/gas/index.htmGasoline prices rose for the sixth straight day Monday, according to a nationwide survey of gas station credit card swipes - a sign that oil companies expect higher demand later this year.Mon, 05 Jan 2009 19:11:00 ESThttp://money.cnn.com/2009/01/02/markets/oil/index.htmhttp://money.cnn.com/2009/01/02/markets/oil/index.htmOil prices rose nearly 4% on the first trading day of 2009, as fighting in the Middle East and Russia's energy dispute with Ukraine raised concerns about future supply disruptions.Fri, 02 Jan 2009 22:37:00 ESThttp://money.cnn.com/2009/01/02/news/economy/_price_2008/index.htmhttp://money.cnn.com/2009/01/02/news/economy/_price_2008/index.htmGas prices increased for the third straight day Friday, to an average of $1.626 for a gallon of regular unleaded gas, according to motorist group AAA. That's nearly a one-cent jump from the previous day's average of $1.618.Fri, 02 Jan 2009 18:37:00 ESThttp://money.cnn.com/2008/12/31/markets/oil/index.htmhttp://money.cnn.com/2008/12/31/markets/oil/index.htmThe price of oil jumped Wednesday, capping a volatile year with a swing of $7 from the session low to the close, as investors responded to news of a possible supply disruption in Europe.Wed, 31 Dec 2008 22:22:00 ESThttp://money.cnn.com/2008/12/30/markets/oil/index.htmhttp://money.cnn.com/2008/12/30/markets/oil/index.htmThe price of oil fell Tuesday, after a big rally in the previous session, as dour economic reports darkened the outlook for already weak demand for oil and gasoline.Tue, 30 Dec 2008 19:51:00 ESThttp://money.cnn.com/2008/12/30/news/economy/gas/index.htmhttp://money.cnn.com/2008/12/30/news/economy/gas/index.htmA daily survey of gas station credit-card swipes shows that gas prices are dropping to the lowest levels in nearly five years.Tue, 30 Dec 2008 16:58:00 ESThttp://money.cnn.com/2008/12/29/markets/oil/index.htmhttp://money.cnn.com/2008/12/29/markets/oil/index.htmOil prices rose above $40 a barrel Monday as investors took a more subdued look at Middle East production in the wake of Israeli airstrikes against the Gaza Strip.Mon, 29 Dec 2008 19:55:00 ESThttp://money.cnn.com/2008/12/29/news/economy/gas/index.htmhttp://money.cnn.com/2008/12/29/news/economy/gas/index.htmAs 2009 approaches, plummeting oil prices have sent the price of gasoline to the lowest level in nearly five years, according to a daily survey of gas station credit card swipes.Mon, 29 Dec 2008 18:51:00 ESThttp://money.cnn.com/2008/12/26/markets/oil/index.htmhttp://money.cnn.com/2008/12/26/markets/oil/index.htmOil prices rose back above $37 a barrel Friday after OPEC member United Arab Emirates detailed how it would cut production as part of the trade group's pledge to reduce output by 2.2 million barrels a day in January.Fri, 26 Dec 2008 19:54:00 ESThttp://money.cnn.com/2008/12/24/markets/oil/index.htmhttp://money.cnn.com/2008/12/24/markets/oil/index.htmOil prices fell more than $3 a barrel or more than 9% - one of the largest percentage drops ever - on a shortened trading session Wednesday that brought more signs that demand continues to wane.Wed, 24 Dec 2008 19:13:00 ESThttp://money.cnn.com/2008/12/23/news/economy/gas_prices/index.htmhttp://money.cnn.com/2008/12/23/news/economy/gas_prices/index.htmGasoline prices declined for the fourth straight day on Tuesday, falling below the $1.66 per gallon mark, according to a national survey of credit card swipes at gasoline stations.Tue, 23 Dec 2008 14:48:00 ESThttp://money.cnn.com/2008/12/22/markets/oil/index.htmhttp://money.cnn.com/2008/12/22/markets/oil/index.htmOil prices fell Monday as investors continued last week's practice of falling prices leading up to the Christmas holiday, and the dollar earned back early losses against the euro.Mon, 22 Dec 2008 20:15:00 ESThttp://money.cnn.com/2008/12/21/news/economy/gas_prices/index.htmhttp://money.cnn.com/2008/12/21/news/economy/gas_prices/index.htmGasoline prices dropped for their second day in a row after four straight days of increases, according to a daily survey of gas station credit card swipes.Sun, 21 Dec 2008 15:01:00 ESThttp://money.cnn.com/2008/12/20/news/economy/_prices/index.htmhttp://money.cnn.com/2008/12/20/news/economy/_prices/index.htmGasoline prices dropped Saturday after four straight days of increases, according to a daily survey of gas station credit card swipes.Sat, 20 Dec 2008 14:04:00 ESThttp://money.cnn.com/2008/12/19/markets/oil/index.htmhttp://money.cnn.com/2008/12/19/markets/oil/index.htmOil prices fell sharply Friday, on the last day of the January contract, as the global economic slowdown continues to clamp down on demand.Fri, 19 Dec 2008 20:16:00 ESThttp://money.cnn.com/2008/12/19/news/economy/oline/index.htmhttp://money.cnn.com/2008/12/19/news/economy/oline/index.htmGasoline prices increased for the fourth day in a row Friday, according to a daily survey of gas station credit card swipes.Fri, 19 Dec 2008 16:27:00 ESThttp://money.cnn.com/2008/12/17/markets/oil/index.htmhttp://money.cnn.com/2008/12/17/markets/oil/index.htmThe Organization of Petroleum Exporting Countries, in a bold but not unexpected move to prop up falling oil prices, said Wednesday that it would cut production by 2.2 million barrels a day starting next month. The cut is the largest ever announced by OPEC.Wed, 17 Dec 2008 20:05:00 ESThttp://money.cnn.com/2008/12/17/news/economy/gasoline/index.htmhttp://money.cnn.com/2008/12/17/news/economy/gasoline/index.htmGasoline prices continued to drift upward Wednesday after breaking 86 straight days of declines over the weekend, according to a daily survey of gas station credit card swipes.Wed, 17 Dec 2008 14:03:00 ESThttp://money.cnn.com/2008/12/16/markets/oil/index.htmhttp://money.cnn.com/2008/12/16/markets/oil/index.htmOil prices tumbled Tuesday after the Federal Reserve lowered its key interest rate and said economic conditions remain weak, underscoring concerns about faltering demand for energy.Tue, 16 Dec 2008 19:54:00 ESThttp://money.cnn.com/2008/12/16/news/economy/gasoline/index.htmhttp://money.cnn.com/2008/12/16/news/economy/gasoline/index.htmGasoline prices rose slightly Tuesday after breaking 86 days of declines this weekend, according to a daily survey of credit card swipes.Tue, 16 Dec 2008 15:55:00 ESThttp://money.cnn.com/2008/12/15/news/economy/gas/index.htmhttp://money.cnn.com/2008/12/15/news/economy/gas/index.htmGas prices posted gains this weekend for the first time in 86 days, according to a national survey of credit card swipes. But on Monday fuel prices began to retreat again.Mon, 15 Dec 2008 14:56:00 ESThttp://money.cnn.com/2008/12/14/news/economy/gas/index.htmhttp://money.cnn.com/2008/12/14/news/economy/gas/index.htmGas prices rose for the second consecutive day following eighty-six consecutive declines.Sun, 14 Dec 2008 18:47:00 ESThttp://money.cnn.com/2008/12/12/markets/oil/index.htmhttp://money.cnn.com/2008/12/12/markets/oil/index.htmOil prices fell Friday as investors responded to uncertainty surrounding the government's proposed bailout of the auto industry.Fri, 12 Dec 2008 20:08:00 ESThttp://money.cnn.com/2008/12/12/news/economy/gas/index.htmhttp://money.cnn.com/2008/12/12/news/economy/gas/index.htmNew York on Friday joined the other 47 states in the contiguous United States with an average gasoline price below $2 a gallon, according to a motorist group's survey, leaving just Alaska and Hawaii above the milestone.Fri, 12 Dec 2008 15:48:00 ESThttp://money.cnn.com/2008/12/11/markets/oil/index.htmhttp://money.cnn.com/2008/12/11/markets/oil/index.htmOil prices jumped Thursday after the House passed a $14 billion stop-gap measure designed to keep the U.S. auto industry from immediate collapse.Thu, 11 Dec 2008 20:12:00 ESThttp://money.cnn.com/2008/12/11/news/economy/gasoline/index.htmhttp://money.cnn.com/2008/12/11/news/economy/gasoline/index.htmGas prices fell 1.9 cents Thursday to a national average of $1.664 a gallon, according to a nationwide survey of gas station credit card swipes.Thu, 11 Dec 2008 15:12:00 ESThttp://money.cnn.com/2008/12/10/markets/oil/index.htmhttp://money.cnn.com/2008/12/10/markets/oil/index.htmOil prices rebounded Wednesday after Congress reached an agreement with the White House on a bailout for the U.S. auto industry. Prices had fallen earlier after a government report showed a bigger-than-expected buildup in gasoline supplies.Wed, 10 Dec 2008 20:01:00 ESThttp://money.cnn.com/2008/12/10/news/economy/gasoline/index.htmhttp://money.cnn.com/2008/12/10/news/economy/gasoline/index.htmThe average price of gasoline in the U.S. continued its downward spiral for the 84th day, according to a daily survey of credit card swipes.Wed, 10 Dec 2008 16:02:00 ESThttp://money.cnn.com/2008/12/08/news/economy/gasoline/index.htmhttp://money.cnn.com/2008/12/08/news/economy/gasoline/index.htmGas prices in the U.S. fell for the 82nd day Monday, according to a national survey of credit card swipes.Tue, 09 Dec 2008 16:17:00 EST