Business

  • Oil prices cool while scrutiny heats up

    Commodity-market regulators are investigating whether energy-market players are injecting false data into the marketplace to influence perceptions about crude-oil supply and demand, people familiar with the probe say.
    12:17 a.m. |0 comments

  • Oil-shale plans take step forward

    Plans have been finalized to set aside 1.9 million acres of public land in Utah, Colorado and Wyoming for commercial development of about 800 billion barrels of recoverable oil, the Bureau of Land Management announced Thursday.
    12:35 a.m. |0 comments

  • Drop in demand for gas pushes crude to $107 a barrel

    Oil prices closed at their lowest level in five months Thursday, as a lower-than-expected drop in U.S. gasoline supplies gave traders more reason to believe that a cooling economy is forcing Americans to drive less.
    12:17 a.m. |0 comments

  • SkyWest is investing $30M in Brazilian airline

    SkyWest Inc., the Utah-based operator of commuter flights for larger airlines, has agreed to invest $30 million in Brazilian carrier Trip Linhas Aereas, to enter a market that's expanding as incomes rise.
    12:17 a.m. |0 comments

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