Friday, April 25, 2014 4:54 AM EST

Crude Oil

Crude oil is a naturally occurring, flammable liquid consisting of a complex mixture of hydrocarbons of various molecular weights, and other organic compounds, that are found in geologic formations beneath the earth's surface.

Headlines Around the Web

Exxon petrochemical plant targets Asia

Jan 08 - Financial Times

Crude oil price of Indian basket goes up

Nov 19 - The Times of India

Articles About Crude Oil

Moving Oil by Rail Safely Major Industry Concern
Buffett: Moving Oil by Rail Safely Major Industry Concern

By Reuters

Warren Buffett, chairman of conglomerate Berkshire Hathaway (BRKa.N), said on Wednesday that safety is a major priority for the rail industry, after a recent spate of accidents raised concerns about how to transport oil safely. (2:28 pm)

MORE TOPICS: IBM, WARREN BUFFETT, NEW YORK, MANAGEMENT, INVESTMENT

A man monitors stock market prices inside a brokerage in Taipei
Australian Stock Market Report – Morning 4/24/14

By Comsec

In US economic data, new home sales fell by 14.5% to a 384,000 annual rate in March, an 8-month low and below the market expectation for a result near 450,000. The Markit manufacturing index eased from 55.5 to 55.4 in April, below forecasts for a result near 56. (9:10 am)

MORE TOPICS: GOLD, FEDERAL RESERVE, UNEMPLOYMENT, DOW JONES, FTSE, MANUFACTURING

US Housing Sector
Australian Stock Market Report – Morning 4/23/14

By Comsec

In US economic data, existing home sales fell by just 0.2% to a 4.59 million annual rate in March, above forecasts for a result near 4.55m. The FHFA home price index rose by 0.6% in February to stand 6.9% higher than a year ago. The Richmond Federal Reserve index rose from minus 7 to +7 in April. (Apr 23)

MORE TOPICS: CHINA, GOLD, FEDERAL RESERVE, DOW JONES, FTSE, EXISTING HOME SALES

Representational Image
China Blames France's Veolia for Supervision Flaws in Tap Water Pollution Case

By Reuters

China has blamed French utility Veolia Environnement for "supervision problems" in its water quality standards after authorities said a cancer-inducing chemical had been found in tap water supplied by the firm at 20 times above national safety levels, state media said on Wednesday. (Apr 16)

MORE TOPICS: CHINA, COURT, LAWSUIT, CANCER

Asian shares rise as Fed Minutes Soothe Sentiment
Asian Shares Edge Higher on Solid U.S. Data, Ukraine Anxiety Lingers

By Reuters

Asian shares edged higher on Tuesday after upbeat U.S. data helped Wall Street bounce from a sharp selloff in recent days, though tensions in Ukraine tempered demand for riskier assets. (Apr 15)

MORE TOPICS: CHINA, GOLD, RETAIL SALES, JAPAN, RETAIL, RUSSIA

U.S. Fed's Hard Line on Funding to Bring more Pain to Wall Street
Valuation Fears Drag Down World Equities, Wall Street

By Reuters

Global equity markets fell on Friday as fears on Wall Street about over-stretched stock valuations spread to Asia and Europe, pushing investors to the safety of bonds. (Apr 12)

MORE TOPICS: DOW JONES, JPMORGAN CHASE, RUSSIA, NEW YORK

Asian markets outside Australia finish the week higher
Asian Stocks at Four-month High on U.S. Data

By Reuters

Asian shares hovered near four-month highs on Thursday as upbeat U.S. data underpinned risk appetite, while news China is taking steps to stimulate its economy spurred Tokyo's Nikkei to a three-weak peak. (Apr 03)

MORE TOPICS: CHINA, GOLD, FEDERAL RESERVE, JAPAN, BANK OF JAPAN, EUROPEAN CENTRAL BANK

World’s First Artificial Chromosome Built by Scientists (Representational Image)
Scientists Built World’s First Artificial Chromosome

By IBTimes IN

For the first-of-its-kind, scientists have made a synthetic chromosome thus making a mark in the development of synthetic biology that assures to revolutionize industrial and medical biotechnology in the coming decades. (Mar 28)

MORE TOPICS: NEW YORK

Asian Shares Fall on Fed Tapering Uncertainty
Asia Shares in Fragile Mood, Nikkei Tests Support

By Reuters

Asian markets were in skittish mood on Thursday following a late dip on Wall Street, with Tokyo stocks slipping as investors counted down to a rise in sales tax that is expected to swat consumer spending and test the market's faith in Abenomics. (Mar 27)

MORE TOPICS: CHINA, GOLD, FEDERAL RESERVE, CITIGROUP, HSBC, FACEBOOK

Short-Supply of Gold in India Forces Families to Recycle Heirlooms in the Wedding Season
Gold Near 1-month Low on Concerns over U.S. Rate Rises

By Reuters

Gold steadied in early Asian trade on Tuesday, but was just off a one-month low after tumbling about 2 percent in the previous session as hedge funds sold down amid expectations of higher U.S. interest rates. (Mar 25)

MORE TOPICS: BARACK OBAMA, GOLD, FEDERAL RESERVE, MANUFACTURING, RUSSIA, NEW YORK