Brent crude rose $2 on Wednesday after the Federal Reserve's promise to extend near-zero interest rates for two more years weighed on the dollar and helped reverse a steep slump in oil.
Syrian forces killed at least 30 people and moved into a town near the Turkish border on Tuesday, an activist group said, even as Turkey's foreign minister pressed President Bashar al-Assad to halt assaults on protests against his rule.
Libyan officials said on Tuesday dozens of civilians had been killed in a NATO strike on a cluster of farmhouses east of Tripoli, but the alliance said it hit a legitimate military target.
Syrian President Bashar al-Assad pressed on with a tank onslaught against a city on Monday, but was plunged deeper into international isolation by Arab neighbours who denounced his violent crackdown and recalled their envoys from Damascus.
Libyan rebels who seized this town 80 km (50 miles) south of Tripoli said on Monday they would now push on towards Muammar Gaddafi's stronghold in the capital but expected a tough fight.
In the states, oil has been the stuff of riches and the glamour energy form. The reality is, however, in the 21st century the preferred and superior U.S. energy form could very well be domestic natural gas.
A rebel spokesman claimed that Libyan leader Moammar Gadhafi's youngest son Khamis was killed in a NATO airstrike on the Western town of Zlitan.
Khamis Gaddafi Led Libya's Most Elite Special Forces
Libyan leader Muammar Gaddafi's son Khamis Gaddafi was among 32 people killed in a NATO airstrike on the western city of Zlitan, a spokesperson for Libyan rebels claimed.
Forces loyal to Libya's Muammar Gaddafi killed seven rebels in a counter-attack in a key town on Tuesday, hospital sources said as the leader's camp vowed to push on with a war to crush a five-month uprising.
The death toll in Syria's bloody crackdown on opponents of President Bashar al-Assad in the city of Hama and elsewhere climbed on Tuesday and Russia said it would not oppose a U.N. resolution to condemn the violence.
Forces loyal to Libya's Muammar Gaddafi killed seven rebels in a counter-attack in a key town on Tuesday, hospital sources said as the leader's camp vowed to push on with a war to crush a five-month uprising.
North Africans are flocking to Italy and Europe in large numbers, testing the continents infrastructure.
Twenty-five men died on a boat escaping the Libyan conflict.
Libyan rebels say the gunmen who shot dead their military chief were militiamen allied in their struggle to overthrow Muammar Gaddafi, raising questions about divisions and
lawlessness within rebel ranks.
Think a U.S. Government default on its debt won't affect you immediately? Think again: a default would likely weaken the dollar substantially, pushing up oil prices almost immediately, and that would send already-high U.S. gas prices to the stratosphere.
Libya's rebel military commander was shot dead in an incident that remained shrouded in mystery, dealing a blow to Western-backed forces labouring in a campaign to topple Muammar Gaddafi.
French and Italian oil majors Total SA and Eni SpA reported lower second-quarter profits on Friday, reflecting dollar weakness and production outages partly due to fighting in Libya which shut some fields.
French and Italian oil majors Total SA and Eni SpA reported lower second-quarter profits on Friday due to a weak dollar and the fighting in Libya which shut down fields.
France's Total posted lower quarterly earnings on Friday as higher crude prices failed to make up for unfavorable exchange rates, production losses in the North Sea and Libya, and a weak refining business.
Eman al-Obaidy, an alleged rape victim from Libya who fled the country and is currently staying in the U.S., remained tight-lipped though she publicly accused Libyan leader Moammar Gadhafi's forces of gang-raping her in March.
A majority in each country polled (except Lebanon) thinks Iranian involvement in the Middle East is largely negative.
