Oil rebounds on Europe bank rescue plan Today 10:33 AM EST

A pledge by European countries to keep the banking sector afloat injected optimism into oil markets Monday, with prices rebounding from a 13-month low to top $80 a barrel. Gasoline and heating oil also recorded substantial gains. Read more

Oil prices swung higher Tuesday, snapping a four-day plunge as investors temporarily halted their frantic selling to see whether the government's sweeping economic bailout can stem a widening global downturn. Read more

Recurrent violence in oil-rich parts of Nigeria may provide a sobering lesson for oil companies hoping to work in Iraq--a place that is much more dangerous despite the fact that attacks are at their lowest level in more than four years. Read more

Recurrent violence in oil-rich parts of Nigeria may provide a sobering lesson for oil companies hoping to work in Iraq--a place that is much more dangerous despite the fact that attacks are at their lowest level in more than four years. Read more

Peru's energy minister and a top state oil company official resigned amid a scandal over alleged kickbacks, while President Alan Garcia on Monday suspended four contracts with the Norwegian oil company involved. Read more

Shares of some top oil companies were down at the close of trading: Chevron fell $2.54 or 3.2 percent, to $76.84. Read more

Shares of some top oil companies are down at noon: Chevron fell $3.51 or 4.4 percent, to $75.87. Read more

Shares in the nation's largest oil, gas and refining companies fell Monday as evidence spread of a global slowdown that would likely spoil the world's appetite for energy. Read more

Shares of some top oil companies are down at 10 a.m.: Chevron fell $3.08 or 3.9 percent, to $76.30. Read more

As the week begins, the shiny yellow metal remains appealing in the market similar to the past days as the dollar is still weak and is slightly advancing against the euro and the yen, knowing that the gold and the dollar have an inverse relation. Gold prices are still forming an upside wave and are ... Read more