Oil - Latest Popular Stories, Instablogs Community

Oil drops again as US pump prices slip to near $4

AP — Fri, 25 Jul 2008 14:34:50 +0000

Oil prices fell sharply Friday, dropping at times below $123 for the first time in weeks as investors questioned whether prices have cooled off enough to reflect deteriorating...

Oil slips; traders look for signs of stability

AP — Fri, 25 Jul 2008 13:50:34 +0000

Oil prices slipped below $125 Friday, yet a number of traders believe that even with flagging fuel demand, the cost for a barrel of oil may be stabilizing, if not ready for another...

Oil slips again but signs of stability appear

AP — Fri, 25 Jul 2008 13:25:30 +0000

Oil prices slipped to $125 Friday, yet a number of traders believe that even with flagging fuel demand, the cost for a barrel of oil may be stabilizing, if not ready for another...

Oil rises above $126 a barrel

AP — Fri, 25 Jul 2008 11:08:12 +0000

Oil rose above $126 a barrel on Friday, extending gains in the previous session after recent declines over the past two weeks. A weaker dollar is making oil futures more attractive to...

State Department investigating Iraqi oil contracts

AP — Fri, 25 Jul 2008 02:18:59 +0000

The State Department’s inspector general is investigating Iraqi oil contracts after four Democratic senators complained that department employees may have encouraged lucrative oil deals between Iraq and several Western...

State Dept. investigating Iraqi oil contracts

AP — Fri, 25 Jul 2008 01:59:20 +0000

Cantwell blocks nominations over oil trading rules

AP — Thu, 24 Jul 2008 22:36:45 +0000

Sen. Maria Cantwell, D-Wash., has blocked three nominations to the Commodity Futures Trading Commission, saying the agency has failed to regulate oil markets.

Oil gains ground but natural gas continues slide

AP — Thu, 24 Jul 2008 20:10:48 +0000

Energy market investors managed to win back modest gains Thursday following oil’s big drop a day earlier, but again drive natural gas prices sharply lower as a three-week sell-off of that fuel continued...

Optiver accused of energy price manipulation

AP — Thu, 24 Jul 2008 18:29:50 +0000

Federal regulators accused a Dutch trading firm, its chief executive and two other top employees Thursday of manipulating energy futures contracts on the New York Mercantile...

Oil struggles to rally as natural gas tumbles

AP — Thu, 24 Jul 2008 18:24:24 +0000

Energy market investors tried but failed to start a rally in crude Thursday, and continued to drive natural gas prices sharply lower as a three-week sell-off of that fuel continued...