Oil prices jumped back above $120 a barrel Thursday, halting a steep three-day slide after Kurdish rebels claimed responsibility for a fire at key Turkish pipeline that...

Hyundai Coupe ad campaign in Israel is aptly called ‘Dog’. Seems to promise you a pet which can go at any speed without panting. The pet shows no signs of...

Ha answer to the world food and fuel crisis might be interlinked and the best possible way of answer the problem and unraveling the mystery that lies ahead of us looks...

China’s increasing demand for oil is a key contributor to the dramatic rise in global oil prices.

Major US stock market indices slid Friday to a three-month low, led by consumer and technology companies, as oil prices jumped and analysts said demand for electronics...

“Did you fill up before midnight?” one Beijing taxi driver called out to another Thursday night, making sure they all hit the Chinese capital’s petrol...

The oil market is plentifully supplied and the rally to record high prices is fake and imposed. Iran’s president said on Tuesday, blaming a weak U.S. dollar which...

The growing speculation that Iran may come under attack because of its nuclear programme has become a likely scenario. A top Israeli official has declared to attack...

The House of Representatives overwhelmingly approved legislation on Tuesday allowing the Justice Department to sue OPEC members for limiting oil supplies and working...

“A little-noticed amendment to last year’s energy bill requires House members who lease vehicles to select those that emit low levels of greenhouse...

Oil prices are hovering close to $115 a barrel, having crossed the record mark on Thursday after a US inventory report raised concerns about supplies.

It is not just enough to produce green fuel but one must also consider the economic implications that come attached with it. It is not just a laboratory experiment...

Oil prices reached a record close, surging above $104 after OPEC decided Wednesday to keep its production unchanged. The cartel ignored calls from President George W....

Gas prices jumped Friday to their highest level since June, a possible preview of what many analysts believe will be a record spike in pump prices this spring.But the...

Despite differences on a number of issues, OPEC members are united over increasing oil prices, which could touch $200 per barrel. Inaugurating the OPEC summit in...

Rising oil price in International market may hit Indian economy hard and it could derail country’s growth rate as well. On Tuesday, Oil and Petroleum minister...

After the visit to China, Congress president Sonia Gandhi has been back to work now because she knows better the importance of Gujarat assembly election for Congress...

Oil prices are surging incessantly, thanks to political mishmash among the oil producers. Currently, oil is available at $75.57 a barrel and it is highly anticipated...

Developing economies are trying to satiate their growing demand by digging new reserves and exploring alternatives, but all seems in vain as energy watchdog,...

The whole world is battling with the mounting oil prices. Refineries profits are digging, automakers has experienced biggest slump. Rising oil prices has become biggest...