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Crude oil prices top $85 per barrel

New York -- Crude oil prices rose in early trading Monday, climbing above $85 per barrel as stock markets showed gains in Asia and Europe.

The Nikkei 225 index added 1.06 percent while the Shanghai composite index in China gained 0.97 percent Monday. Markets also rose in Britain, France, Germany and Sweden.

On the New York Mercantile Exchange, December delivery crude oil added 27 cents to $85.15 per barrel. Heating oil prices gained 1.44 cents to $2.3782 per gallon. Reformulated gasoline blendstock prices rose 2.03 cents to $2.2302 per gallon.

Henry Hub natural gas lost 4.3 cents to $3.756 per million British thermal units.

Kenya to open first Africa carbon exchange

Nairobi, Kenya -- Kenya says it is launching Africa's first carbon exchange to facilitate the trading of carbon credits and help tackle climate change.

The market will enable all African countries to sell and trade their carbon credits, the BBC reported Friday.

Carbon dioxide is one of the main gases causing climate change, scientists say, and such exchanges, where polluting industries in rich countries pay for clean development projects in poor countries, are one way to offset carbon emissions.

Experts say Africa will be badly affected by climate change even though most of the greenhouse gases that cause it are produced in the West and Asia.

Innophos Holdings Shares Plunged: What You Need to Know

 Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.


Impax Laboratories Shares Plunged: What You Need to Know

 Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.


Sourcefire Shares Plunged: What You Need to Know

 Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.


Forget Buy and Hold; Think Buy and Short

 I'm going to let you in on a little secret. Most stocks stink.

 

Lexmark Shares Plunged: What You Need to Know

 Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.


Royal Caribbean Shares Popped: What You Need to Know

 Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.


Isilon Systems Shares Popped: What You Need to Know

 Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

Terex Shares Plunged: What You Need to Know

 
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.