Oil Supply

Brazilian Oil: Government Seeks Greater Control Of Coastal Reserves

New York Times | ALEXEI BARRIONUEVO | Posted 09.18.2009 | World


RIO DE JANEIRO -- Faced with the world's most important oil discovery in years, the Brazilian government is seeking to step back from more than a deca...

Bush says Saudi oil boost doesn't solve US problem

AP | TERENCE HUNT | Posted 05.25.2008 | Business


SHARM EL-SHEIK, Egypt — President Bush said Saudi Arabia's small increase in oil production will not solve soaring U.S. fuel prices, but he defe...

Gas jumps nearly 3 cents to record; oil crosses $124

AP | JOHN WILEN | Posted 05.16.2008 | Business


NEW YORK — Gasoline and crude oil jumped to new records Thursday, with gas rising 3 cents to an average national price of nearly $3.65 a gallon ...

Bush: US Must 'Get Off Oil'

AP | JENNIFER LOVEN | Posted 03.28.2008 | Business


WASHINGTON — President Bush said Wednesday that the United States has to "get off oil" to reduce dependence on foreign suppliers and declared "i...

Oil Prices Jump On Supply Concerns

AP | John Wilen | Posted 03.28.2008 | Business


Oil prices jumped Wednesday on supply concerns, stoked by a new round of Turkish airstrikes in northern Iraq and a growing belief that domestic oil in...