Record Oil Prices

OPEC Nations Pocket Record $645 Billion In First Half Of 2008

Financial Times | By Javier Blas in London, Krishna Guha in Washington and Andrew England in Abu Dhabi | Posted 05.25.2011

Opec nations earned as much in the first half of this year as they did in the whole of 2007 - thanks both to record oil prices and record production -...

Fire, Weak Dollar Fuel Record Oil Prices

AP | JOHN WILEN | Posted 05.25.2011

NEW YORK — Crude oil futures swung wildly on Monday, rising to a record and then tumbling as investors wrestled with whether they should put sto...

Exxon Posts Record Profits on Oil Prices

AP | JOHN PORRETTO | Posted 05.25.2011

HOUSTON — Exxon Mobil Corp. posted the largest annual profit by a U.S. company _ $40.6 billion _ on Friday as the world's biggest publicly trade...

Crude Oil Hits $99 A Barrel

AP | Pablo Gorondi | Posted 05.25.2011

Crude oil prices rose above a record $99 per barrel Wednesday as worries about inadequate winter supplies in the Northern Hemisphere and news of refin...

Oil Teetering On $100 A Barrel

AP | John Wilen | Posted 05.25.2011

Energy futures balked on a drive to $100 a barrel Wednesday after the government reported that supplies at a key oil terminal in the Midwest rose for ...