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New York Mercantile Exchange Inc.

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Huge trades by rogue cost London oil broker £6 million

02.07.09
A rogue trader has struck a London oil broker, costing the firm $10 million (£6.1 million), it emerged this afternoon ... more

White House apology after their jets spark 9/11 panic

28.04.09
The White House was forced to apologise after a government exercise in which a passenger jet flew low across Manhattan caused panic in the city... more

World markets brace for US jobs news

09.01.09
Economy: World stock markets fall as investors brace themselves for the US jobs report for December, which many fear could be one of the worst ever... more

Market report: Futures pointer to new gains by crude

22.12.08
Make the most of falling oil prices and filling up at the pumps on the cheap - it could be all about to change again the New Year... more

Opec signals output cuts to lift oil prices

20.10.08
Energy: Oil cartel Opec has indicated it will cut output to firm up prices, possibly as early as Friday when members meet in Vienna... more

Crude price dives on stronger dollar

29.09.08
Brent Crude plunged back below $100 a barrel as fears gripped the market once more of a slowing worldwide economy... more

Traders report ‘total panic’ as oil price plunge continues

16.09.08
Energy: The oil price was plummeting on Tuesday, registering its biggest falls in four years and down below $90 a barrel — less than a week after it crashed back through $100 a barrel... more

Hedge funds hint crude is past peak

02.06.08
Hedge funds have retreated from bets that oil will continue its sharp rise of the past year, giving hope to hard-hit industry and consumers that prices may have peaked, at least for now... more

Worldwide probe into 'rigging' of oil market

30.05.08
Oil traders in London are to be dragged into a worldwide investigation amid increasing concern among regulators and politicians that the market is rigged... more

Supply fear drives the crude price above $135

22.05.08
An extraordinary $5-a-barrel spike in the price of oil has sent crude to all-time highs... more

A new lease of life for the LCH

09.05.08
When ICE Futures decided it wanted to clear its trades it all looked a bit bleak for the London Clearing House.... more

Oil hits new high on output fears

22.04.08
Oil prices rise to another new record on fears that Russia and Nigeria will produce less this year... more

Future bright for booming Liffe

11.04.08
The London International Financial Futures Exchange was on the verge of collapse ten years ago - and there are still challenges... more

Saviour of Bear faces hedge fund mauling

19.03.08
Stock markets have delivered a massive vote of confidence, or perhaps it was thanks, to JPMorgan Chase for its bailout of stricken investment bank Bear Stearns... more

Saviour of Bear faces hedge fund mauling

19.03.08
Anthony Hilton suspects JPMorgan Chase could regret bailing out Bear Sterns... more

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