Heidi N. Moore
May 1, 2012 In a first for an airline, Delta plans to pay $150 million for an oil refinery in Pennsylvania in a effort to bring some order to its fuel prices. But even if Delta's oil refinery deal works out well, fares are probably not going to drop.
Apr 19, 2013 Oil doesn't come from a gas pump, it comes from modern-day prospectors who depend on data ... and luck.
Apr 19, 2012 They always seem to come down slower than they went up, but gasoline prices are beginning to ease -- there could be more relief in sight.
Apr 17, 2012 Spanish oil giant Repsol currently controls Argentina's largest national oil company, but perhaps not for long.
Peter van Dyk
Apr 17, 2012 ExxonMobil has sealed a landmark deal with Russia's state oil producer. Exxon CEO Rex Tillerson was in Moscow to announce the deal, which gives the U.S. oil giant access to Russia's vast oil fields.
Apr 17, 2012 There was an unexpected drop last month in housing starts. Meanwhile, President Obama has plans to crack down on those who manipulate oil prices.
Apr 17, 2012 President Obama announced a new crackdown on illegal manipulation of oil prices by traders. He's asking for stronger regulations, bigger penalties for violators and more cops on the regulatory beat.
Apr 17, 2012 The president wants $52 million to help the Commodity Futures Trading Commission shore up industry oversight, something analysts say will do little to oil prices.
Apr 4, 2012 India is a U.S. ally but also one of the top importers of Iranian oil. It could face U.S. sanctions unless it curbs these oil purchases.