(NEW YORK)News that Saudi Arabia had boosted its oil output by 300,000 barrels a day was greeted as a non-event on oil markets _ the move wasn't anywhere near the kind of production increase...READ MORE
(NEW YORK)News that Saudi Arabia had boosted its oil output by 300,000 barrels a day was greeted as a non-event on oil markets _ the move wasn't anywhere near the kind of production increase...READ MORE
(NEW YORK)Oil futures gave up early gains and fell sharply Thursday, a move analysts attributed to the expiration of options and to a sharp drop in natural gas prices. Retail gas prices, mea...READ MORE
(NEW YORK)Oil futures gave up earlier gains and fell Thursday, a move analysts attributed to the expiration of options and to a sharp drop in natural gas prices. Retail gas prices, meanwhile...READ MORE
(NEW YORK)Oil prices surged nearly $2 a barrel Thursday as the dollar fell against the euro and investors anticipated strong demand for diesel fuel in parts of China ravaged by Monday's eart...READ MORE
(NEW YORK)Oil prices surged $2 a barrel Thursday as the dollar fell against the euro and investors anticipated strong demand for diesel fuel in parts of China ravaged by Monday's earthquake....READ MORE
(VIENNA, Austria)Oil climbed above $125 a barrel Thursday, a day after the U.S. government issued a mixed report on the country's petroleum reserves and the U.S. dollar weakened against other key c...READ MORE