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Oil Price

How Countries Around The World Are Coping With Falling Oil Prices

The Huffington Post | Charlotte Alfred | Posted 12.15.2014 | World

Every week, The WorldPost asks an expert to shed light on a topic driving headlines around the world. Today, we look at the impact of a steep decline ...

Oil Prices Drop Below $60 For First Time In More Than 5 Years

AP | Posted 12.11.2014 | Business

The price of oil fell below $60 for the first time since July 2009 on Thursday and ended trading in New York at $59.95. Benchmark U.S. crude oil dr...

Oil Markets Losing Lustre

Daniel J. Graeber | Posted 11.28.2012 | Business
Daniel J. Graeber

A U.S. energy trade group said the petroleum market in the country was hit by slumping demand. Total petroleum deliveries for August were at their lowest level for the month in 15 years and domestic oil production followed similar trends.

Oil Prices Suffer Largest One-Day Decline In Nearly Six Months

AP | JONATHAN FAHEY and CHRIS KAHN | Posted 05.06.2012 | Business

NEW YORK -- The price of oil suffered its biggest one-day decline in nearly six months Friday, falling below $100 per barrel for the first time since ...

Shale Oil "Flaring" Is Dirty Secret of U.S. Oil Boom

Mindy S. Lubber | Posted 05.29.2012 | Green
Mindy S. Lubber

My question in response would be this: Given business, reputational, environmental and other risks, can't the industry figure out a way to successfully capture this perfectly usable gas at a profit?

Oil Market Itself Proves Gas Prices Are All Speculation-Driven

Daniel Dicker | Posted 05.29.2012 | Business
Daniel Dicker

I recently got into a discussion with an executive at one of the larger derivative brokerages about the amount of speculation and investor interest in the oil markets today. He made a number of good points, but one that wasn't so good was in comparing the oil market to stocks.

Want to Lower Gas Prices to $3.00, Now? Tax the Oil Speculators, Now

Paul Abrams | Posted 05.18.2012 | Politics
Paul Abrams

Every time a Honda Civic owner fills his tank, he hands $7.30 to Wall Street. A Ford Explorer driver is even more "generous" -- she provides them with a cool $10.41.

Don't Know Much About Oil

Barry Levinson | Posted 04.09.2012 | Politics
Barry Levinson

Nothing fluctuates daily in price like oil. All other businesses have some kind of sale celebrations going on periodically. Not when it comes to oil. And for whatever reason, we have accepted it.

William Alden

Oil Prices Collapse In Record Sell-Off

HuffingtonPost.com | William Alden | Posted 07.05.2011 | Business

This post has been updated. NEW YORK -- Oil prices took a nosedive Thursday in a historic selloff, erasing weeks of gains and indicating that the m...

Oil Prices Soar: What Are You Cutting Back On?

The Huffington Post | Maxwell Strachan | Posted 05.25.2011 | Business

With the average price of gasoline now above $3.50 per gallon, we asked our readers what spiking oil prices would cause them to cut down on. (See what...

How Obama Can Further U.S.-Iran Relations

Eric Margolis | Posted 05.25.2011 | World
Eric Margolis

President Barack Obama, who says he wants to open serious talks with Iran and establish better relations will have his work cut out for him. His first step is to read Iran's modern history.

Energy Lessons for Europe and the U.S. from the 1973 Arab Oil Embargo

Charles D. Ferguson | Posted 05.25.2011 | World
Charles D. Ferguson

While feeling angry is justified in a crisis, the governments would be best advised not to get mad at Russia but to get more secure in energy supplies and smarter in energy usage.

Behind Skyrocketing Oil Prices

Robert Weissman | Posted 05.25.2011 | Business
Robert Weissman

Market manipulation may be contributing to the recent oil price spike -- though even in the worst case, it is only part of the story.