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 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 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.
Stacey Vanek Smith
Apr 3, 2012 An oil rig off the coast of Scotland has been leaking oil into the North Sea for five days. The rig is owned by French gas company Total, and is costing millions a day in lost revenue and attempted repairs.
Mar 29, 2012 Squeezed by high oil costs and shrinking demand, major changes are coming in the oil refinery biz.
Mar 29, 2012 The president wants lawmakers to repeal $4 billion worth of tax breaks that oil companies currently get. How much of an issue are these subsidies?