I'm still waiting for soaring oil prices to take a bite out of the market. Meanwhile, I'll buy MEMC Electronic, a stock that should feed off oil's rise.
Will dropping oil prices weaken Russia?
As oil prices increased, so did Russia's stock and status. Now that oil is slumping, Russia's position and power on the international stage are diminishing. Stephen Beard has the story.
Oil remains below $50
Oil prices remained below $50 a barrel Tuesday, after dropping below that mark the previous day, on concern about slowing global demand.
What will OPEC do next?
OPEC ministers are meeting to discuss plummeting oil prices. Each member brings a different agenda, so agreeing on the next step might be difficult. Stacey Vanek Smith reports.
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