(NEW YORK)Crude-oil inventories tumbled last week after sliding slightly in the prior period, while gasoline stockpiles fell less than expected, according to government data released Wednesd...READ MORE

(NEW YORK)Oil prices plunged to the lowest level in five months Tuesday, falling to within sight of $100 a barrel on signs that Hurricane Gustav only grazed U.S. energy infrastructure in the...READ MORE

(NEW YORK)Bond insurer Ambac Financial Group Inc. said Tuesday it has received approval from Wisconsin insurance regulators for its plans for a new insurance subsidiary.READ MORE

(HOUSTON)Initial inspections of the Gulf Coast's extensive energy complex confirmed Tuesday that Hurricane Gustav was nowhere near as destructive as Katrina and Rita three years ago, but re...READ MORE

Oil prices tumbled to $111 a barrel Monday as Hurricane Gustav weakened along the Gulf Coast and posed less of a threat to oil drilling and refining operations.READ MORE

(HOUSTON)Hurricane Gustav's punch appeared to fall softly Monday on the vast energy complex along the U.S. Gulf Coast, alleviating fears of a fuel shortage and potentially delivering a brea...READ MORE

Oil prices tumbled to below $111 a barrel Monday as weather forecasters said Hurricane Gustav was weakening as it advanced toward Louisiana. A stronger dollar also helped reverse t...READ MORE