Oil rises above $109, Iran in focus

Oil rose above $109 a barrel on Friday as rising tension over major oil exporter Iran and a report showing the U.S. economy created more jobs countered concern about the euro zone debt crisis. FULL STORY »

Oil price above $100 on international banking plan

The price of oil on Wednesday finished trading above $100 for the first time in two weeks, as the U.S. and other countries made it easier for banks to lend money and keep the global economy growing. FULL STORY »

The Seaway pipeline reversal and the WTI price discount

As hard as it may seem to overestimate the role of location in crude pricing, that is only part of the story. FULL STORY »

Oil above $98 ahead of US crude supply data

Oil prices rose to near $98 a barrel Tuesday as traders looked to the latest U.S. crude supply reports for signs demand may be improving. FULL STORY »

Oil prices fall on fears of slow economic growth

Oil prices fell Monday on fears that the world economy will weaken and push down demand for crude. FULL STORY »

Oil below $97 on fears about EU debts, US deficit

Oil prices fell below $97 a barrel Monday, echoing a decline in global equities on persistent concerns about the European debt crisis and floundering efforts to cut the U.S. deficit. FULL STORY »

Oil falls nearly 4 percent on profit taking

Oil prices tumbled Thursday, with U.S. crude dropping 4 percent as investors booked profits a day after a surge to five-month highs tested key technical levels. FULL STORY »

Oil tumbles $2 on Eurozone woes

Oil prices tumbled more than $2 a barrel on Thursday as the European debt crisis threatened to hit France and Spain, while Italy's borrowing costs remained at unsustainable levels. FULL STORY »

Stocks mixed; Oil stocks up as oil tops $100

Stock indexes swung between gains and losses in afternoon trading Wednesday as the price of oil rose above $100 a barrel for the first time since July. FULL STORY »

Gasoline prices up a penny while diesel prices surge

The U.S. average retail price of regular gasoline added one cent per gallon to reach $3.44 per gallon. The average price is $0.54 per gallon higher than last year at this time. FULL STORY »

U.S. oil leaps above $100 on Seaway reversal plan

U.S. and Brent crude futures headed in opposite directions on Wednesday, jostled by a plan to reverse the Seaway pipeline by next year to help ease an oil glut at the Cushing, Oklahoma, delivery hub. FULL STORY »

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