Crude Oil

Oil price rises to near $98 per barrel

Oil prices jumped more than 2 percent Thursday as investors cheered political shake-ups in Greece and Italy, and layoffs appeared to be easing in the U.S. FULL STORY »

Oil above $96 as traders eye Italy debt woes

Oil prices rose slightly to above $96 a barrel Thursday in Asia as investors mulled the impact of Europe's debt crisis on the continent's economic growth and crude demand. FULL STORY »

A silver lining in the short-term oil market outlook?

EIA expects both Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC crude oil and other liquid supply to grow through 2012. FULL STORY »

Gasoline and diesel prices move down

The U.S. average retail price of regular gasoline fell for the eighth time in nine weeks, shedding almost three cents to reach $3.42 per gallon. FULL STORY »

Oil price rises as US supplies shrink

Oil prices climbed above $97 per barrel Wednesday on signs that the U.S. is consuming more fuel. FULL STORY »

Oil drops below $96 on EU growth concerns

Oil prices fell below $96 a barrel Wednesday on rising concerns that Italy will become the next victim of the eurozone's sovereign debt crisis and further damage the prospects for economic growth in the region. FULL STORY »

Oil again flirting with $100 per barrel

Oil prices are soaring again, but motorists don't need to worry — yet. FULL STORY »

Oil price rising on chances for Greek bailout

Oil prices climbed to the highest point since late July on Monday as traders focused on declining U.S. petroleum supplies and also bet that Europe would solve its debt crisis. FULL STORY »

Oil hovers above $94 as Greece works on bailout

Oil prices hovered above $94 a barrel Monday, shuffling between optimism about progress on the European Union-led bailout package for Greece and concerns about similar problems coming to the fore in Italy. FULL STORY »

Oil ends volatile week above $94 per barrel

Oil prices rose slightly Friday as concerns about the European financial crisis were balanced by improving jobs data in the U.S. FULL STORY »

Oil prices slide on concerns about Europe

Oil is falling after world leaders disagreed on further steps to deal with the European financial crisis. FULL STORY »

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