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I used to be an energy correspondent of a newspaper in Nigeria’s business capital, Lagos. In that role, I covered the oil industry in Nigeria. As the country with the 10th largest reserve in the world and 5th oil supplier to the United States, you...
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AP, New York
Whether or not any bubble has burst, Americans now live in an economy where the prospect of a gallon of gas for less than $4 is cause for relief.
made popular 3 hr. ago
AP, New York
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...
made popular 10 hr. ago
AP,
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...
made popular 10 hr. ago
AP,
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...
made popular 11 hr. ago
AP,
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...
made popular 13 hr. ago
AP, Washington
The State Department’s inspector general is investigating Iraqi oil contracts after four Democratic senators complained that department employees may have...
made popular 22 hr. ago
AP, Washington
The State Department’s inspector general is investigating Iraqi oil contracts after four Democratic senators complained that department employees may have...
made popular 22 hr. ago
AP, Washington
Sen. Maria Cantwell, D-Wash., has blocked three nominations to the Commodity Futures Trading Commission, saying the agency has failed to regulate oil markets.
made popular Jul 24 2008
AP, New York
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...
made popular Jul 24 2008
AP, Denver
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...
made popular Jul 24 2008
AP, New York
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...
made popular Jul 24 2008
AP, New York
Oil market investors tried but failed to start a rally in crude Thursday, leaving prices hovering below $125 a barrel after an earlier move higher. At the gas pump,...
made popular Jul 24 2008
AP,
Oil prices rose Thursday after shedding nearly $4 a barrel in the previous day’s session on concerns that high fuel prices are dampening demand in the...
made popular Jul 24 2008
AP, Washington
Some 90 million barrels of oil and nearly a third of the world’s undiscovered natural gas remain untapped under an area north of the Arctic Circle, government...
made popular Jul 24 2008
AP,
Oil prices edged up Thursday after shedding nearly $4 a barrel in the previous day’s session on concerns that high fuel prices are dampening demand in the...
made popular Jul 24 2008
AP, Singapore
Oil prices steadied in Asian trading Thursday after shedding nearly $4 a barrel in the previous session on concerns that high fuel prices are dampening demand in the...
made popular Jul 24 2008
AP, New York
Oil prices shed nearly $4 Wednesday, tumbling below $125 a barrel for the first time since early June on growing fears that high prices and the weak economy are...
made popular Jul 23 2008
AP, New York
Oil prices headed back lower Wednesday, failing to sustain a brief push into positive territory, after the government reported gasoline supplies rose far more than...
made popular Jul 23 2008
AP, New York
Oil prices are extending their slide after the government reported gasoline supplies unexpectedly rose and crude supplies fell less than analysts forecast last week.
made popular Jul 23 2008
AP, Lagos
Nigeria’s main militant group is threatening to destroy the country’s major oil pipelines within 30 days.
made popular Jul 23 2008
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AP, New York
Oil prices plunged Tuesday as worries about the nation’s economic health shot to the fore and OPEC warned that high pump prices are likely to erode global demand...
made popular Jul 15 2008
AP, New York
Oil prices plunged Tuesday as worries about the nation’s economic health moved to the fore and OPEC warned that high pump prices are likely to erode global demand...
made popular Jul 15 2008
OPEC president Chakib Khelil warned Sunday that oil prices will continue to rise because of the falling dollar, in an interview in the Algeria-News.
made popular Jul 7 2008
AP, Algiers
OPEC chief Chakib Khelil says the world’s surging oil prices are not likely to fall.
made popular Jul 6 2008
The 4th of July is here and America is celebrating our independence, freedom and fortune. You know where I’m going with this right? First off let’s talk about the...
made popular Jul 4 2008
Oil soared to a record above $145 a barrel Thursday, fueled by concerns over a larger-than-expected drop in U.S. stockpiles and the threat of conflict with Iran
made popular Jul 3 2008
Oil slipped from a record high above $143 a barrel on Monday as weak U.S. demand countered mounting tensions between OPEC nation Iran and Israel.
U.S. crude settled 21...
made popular Jul 1 2008
AP, New York
Oil futures shot above $140 Thursday after OPEC’s president said oil prices could rise well above $150 a barrel this year and Libya said it may cut oil...
made popular Jun 26 2008
AP, New York
Oil prices are soaring further into record territory, breaking past $140 a barrel after OPEC’s president said prices could rise well above $150.
made popular Jun 26 2008
AP, New York
Oil futures shot up to nearly $139 a barrel Thursday after OPEC’s president said oil prices could rise well above $150 a barrel this year and Libya said it may...
made popular Jun 26 2008
AP,
Oil prices surged Thursday after OPEC’s president said oil could hit $170 a barrel and buyers came back into the market after a sharp drop the day before.
made popular Jun 26 2008
It was predictable that the oil men in the White House, one’s Bush and Cheney, would try something irrational to fill their coffers before leaving office. So to go...
made popular Jun 25 2008
AP, Brussels
OPEC President Chakib Khelil said Tuesday that oil producers saw no need to raise supply and blamed record oil prices on factors outside the cartel’s control,...
made popular Jun 24 2008
Leading oil exporters have acknowledged the need to boost supplies to curb soaring prices but stopped short of specific commitments on extra output.
Following their...
made popular Jun 23 2008
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...
made popular Jun 19 2008
AP, Washington
Eleven senators called on the Bush administration Tuesday to file a complaint with the World Trade Organization against eight members of the OPEC cartel, saying they...
made popular Jun 17 2008
AP, Vienna
Oil prices held steady Monday as traders weighed Saudi plans to boost production and new OPEC concerns about the high costs of crude.
made popular Jun 16 2008
AP, New York
Oil prices pulled back Friday after OPEC questioned whether crude can remain so high and the dollar gained against the euro.
made popular Jun 14 2008
AP, New York
Gasoline held steady near an average $3.98 a gallon at the pump Monday as a recent slide in oil futures stalled gas’ advance to the $4 mark. Oil prices,...
made popular Jun 2 2008
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Vienna:
Secretary General of the Organization of the Petroleum Exporting Countries, OPEC, Abdalla Salem El-Badri from Libya looks on at a news conference at their headquarters in Vienna, on Thursday, July 10, 2008. El-Badri said the oil producing group cannot...
