Oil hits $100, first time since July

Oil prices have hit $100 per barrel for the first time in nearly four months. FULL STORY »

Oil up on economic data despite EU contagion worry

Oil prices rose Tuesday on supportive data that pointed to continued economic growth in the fourth quarter, sending U.S. crude to a 16-week peak and offsetting concerns that the euro zone debt crisis will keep spreading. FULL STORY »

Brent crude oil rises above $112 but wary of Euro crisis

Brent crude rose above $112 per barrel on Tuesday after solid German and French growth data but worries over the outlook for euro zone deepened as debt yields rose and austerity measures threatened to tip the bloc into recession. FULL STORY »

Oil price drops near $98 per barrel

The price of oil fell to near $98 per barrel Monday as investors continued to worry about Europe's debt problems. FULL STORY »

Oil slips below $98 amid Europe debt concerns

Oil prices slipped below $98 a barrel Monday as markets remained cautious about the ability of new leadership in Greece and Italy to manage the countries' financial crisis. FULL STORY »

EIA expects world crude oil to grow from its record-high level

Oil prices continue to face upward price pressure because of supply uncertainty resulting from ongoing unrest in the oil-producing regions of the Middle East and North Africa. FULL STORY »

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 »

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