Pages
Other nations promise help if Iran cuts off oil supply
Stephen Beard Dec 28, 2011
Oil prices are down a bit this morning after a Saudi oil official said his country would pump more crude. That follows Iran's threat to block the Strait of Hormuz, where about one fifth of the world's oil passes through.
What the Strait of Hormuz means for world oil
Steve Chiotakis Dec 28, 2011
Iran's navy chief said today his country could very easily close the world's most important oil transit channel. The threat to close it comes after the West imposed more sanctions on Iran over its nuclear program.
Iran oil blockade unlikely to go through
Stephen Beard Dec 28, 2011
Halting, or even dislocating, the flow of one-fifth of the world's oil supply could send the price of crude into the stratosphere. But the oil market doesn't appear to take the threat seriously.
OPEC agrees on oil output limit
Christopher Werth Dec 14, 2011
The Organization of Petroleum Exporting Countries has agreed on an output limit, and it looks like gas prices will remain high for the time being.
Oil, gas prices should remain relatively steady
Josh Brown Dec 14, 2011
The Organization of Petroleum Exporting Countries agreed this morning to maintain global production at about 30 million barrels of oil per day.
Oil companies bid for leases in Gulf of Mexico
Kai Ryssdal Dec 14, 2011
BP was the high bidder in 11 of them.
PODCAST: Bigger stockpiles, butter shortage
Mary Dooe Dec 8, 2011
Jon Corzine heads to Congress today to answer for the collapse of brokerage firm MF Global. The European Union is looking to the International Monetary Fund for bailout help, and that could have ripple effects in the U.S. Reporter Sally Herships looks at what other businesses can gain from big-box storse like Costco and Walmart. And the countdown to a big European summit is nearing its end.
Hybrids win in Exxon Mobil's yearly energy outlook
Joel Patterson Dec 15, 2011
Hybrid cars win, coal loses as the world's largest energy company looks to 2040.
Shift in the oil trade
Scott Tong Nov 30, 2011
For the first time in 62 years, the U.S. will export more petroleum than it gets.
What's causing the steep rise in oil prices
Josh Brown Nov 16, 2011
The price of oil is up 20 percent over the last month, with prices today topping $100 a barrel. Why?
