(NEW YORK)Shares of refiners fell Friday after an analyst downgrade the sector, citing dropping demand and the beleaguered economy, though the declines were partially offset by a drop in cru...READ MORE
(NEW YORK)Shares of oil and gas companies fell Wednesday after the U.S. government reported a jump in crude and gasoline supplies, and prices fell on the New York Mercantile Exchange.READ MORE
(WASHINGTON)Crude-oil and gasoline inventories rose last week, according to government data released Wednesday. Both gains defied analysts' expectations. For the week ended July 11, crude-oil ...READ MORE
(HOUSTON)The same historically high oil prices that are expected to contribute to massive profits for the major oil companies in the second quarter are dragging heavily, once again, on thei...READ MORE
(WASHINGTON)Crude-oil inventories fell again last week, while gasoline stockpiles rose for the second straight week, according to government data released Wednesday.READ MORE
(WASHINGTON)Government data scheduled for release Wednesday is expected to show that crude-oil inventories fell last week for the second straight period while gasoline stockpiles rose again.READ MORE
(BISMARCK, N.D.)Sen. Byron Dorgan, D-N.D., said a new appropriations bill will include $500,000 to study the costs of increasing petroleum refining capacity in North Dakota.READ MORE