Jul 20, 2012 Schlumberger and Baker Hughes help big oil drill. But their business is softening as some drillers pull back due to the economic slowdown.
Jul 16, 2012 In the U.K. today, lawmakers are highlighting an overlooked G20 report that says oil price-reporting has some uncomfortable similarities to the LIBOR rate fixing scandal.
Jul 12, 2012 Iranian oil producers may find other ways to sell their product, but with few options to insure their ships, a lot of oil will be sitting in the harbor.
Jul 8, 2012 Several small towns in Texas are growing because of new oil and gas drilling. But can the boom last?
Jun 29, 2012 The residents of Roxana, Ill. debate if the oil refineries in and around their town represent jobs and money, cancer or something else.
Jun 27, 2012 Oil prices are down about 25 percent in the past few weeks. Those falling oil prices are good for our pocketbooks. They're also good for American foreign policy.
Jun 21, 2012 If you've been to a gas station recently, you know that prices are down -- on average, about 20 cents lower per gallon than a month ago. That's in part because the price of oil is at an eight-month low.
Heidi N. Moore
Jun 21, 2012 Yesterday, the Federal reserve refused to commit to any extreme stimulus measures for the economy-- at least just yet. That has a ripple effect on commodities like oil.
Jun 21, 2012 The Federal Reserve will continue its Operation Twist program, but it can't do much else to help the global economic downturn caused by financial strain in Europe. On the plus side? We get lower gas prices.
Jun 19, 2012 Kerr-McGee, a subsidiary of the giant oil and gas company Anadarko, is being sued for $25 billion in New York City. The company's long history and pedigree resemble a script from the old and recently resurrected TV series "Dallas."