Crude Oil

Oil Spikes Above $102, Then Slips Back

AP | ADAM SCHRECK | Posted 03.28.2008 | Business


NEW YORK — Crude prices spiked above $102 a barrel for the first time Wednesday, then retreated after the government reported the nation is grea...

Gas Prices Jump, but May Not Stay High

AP | JOHN WILEN | Posted 03.28.2008 | Business


NEW YORK — Gas prices jumped Friday to their highest level since June, a possible preview of what many analysts believe will be a record spike i...

Oil Falls As Crude Supplies Rise

AP | JOHN WILEN | Posted 03.28.2008 | Business


NEW YORK — Oil prices fell Thursday after a government report showed that the nation's crude oil supplies rose more than expected last week. At ...

Will $100 A Barrel Oil Lose Its Shock Value?

Reuters | Barbara Lewis and Pratima Desai | Posted 03.28.2008 | Business


Oil at $100 a barrel could soon lose its shock value as weakness in other asset classes and fundamental strength lure investors and speculators. U.S....

Oil Drops Below $90 a Barrel

AP | GILLIAN WONG | Posted 03.28.2008 | Business


SINGAPORE — Oil prices fell Monday in Asia as concern over the U.S. economy drove down regional stock markets and outweighed concern that OPEC w...

Fame-Seeking Trader Plotted Pushing Oil To $100

Financial Times | Javier Blas | Posted 03.28.2008 | Business


An independent trader apparently intent on securing his place in market history was responsible for oil prices briefly touching the unprecedented leve...

Oil Again Nears $100 A Barrel

AP | George Jahn | Posted 03.28.2008 | Business


Oil prices edged up Thursday, moving closer to the record $100 a barrel reached briefly a day earlier on escalating violence in Nigeria, a weaker U.S....

Oil Prices Soar To $100 A Barrel For First Time Ever

AP | Posted 03.28.2008 | Business


Oil prices soared to $100 a barrel Wednesday for the first time ever, reaching that milestone amid an unshakeable view that global demand for oil and ...

Gas Prices Back At $3 A Gallon

AP | John Wilen | Posted 03.28.2008 | Business


Gas prices rose back to $3 a gallon at the pump Friday, following rising oil futures on concerns about tight inventories and potential supply disrupti...

Analysts: Expect Gas Prices To Surge In Spring

Los Angeles Times | Ronald D. White | Posted 03.28.2008 | Business


Gasoline could average $3.75 a gallon across the U.S. in a few months, pushing the price in California up and over the $4 mark, energy analysts said W...

Oil Prices Drop Below $90 A Barrel

AP | PABLO GORONDI | Posted 03.28.2008 | Business


Oil prices fell Friday on expectations that OPEC will increase output next week and on fading concerns of a supply disruption from a U.S. pipeline fir...

Oil Prices Surge After MN Pipeline Bursts into Flames

AP | Posted 03.28.2008 | Business


Oil prices jumped more than $3 Thursday after a fire erupted late Wednesday at a pipeline carrying crude oil from Canada to the U.S. Midwest, reboundi...