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European Union agrees on sanctions against Iran

Jan 23, 2012
The EU has agreed on a plan to phase out Iranian oil deals, as part of the broader sanctions against the country and its nuclear program.
Posted In: Iran, Oil, sanctions

Price of oil rises slightly above $100 a barrel

Jan 18, 2012
Saudi Arabia is using a steady hand to ensure stable prices of oil, even if that means increasing supply. It's in their best economic interest.
Posted In: Oil, Saudi Arabia

State Dept. rejects Keystone XL pipeline

Jan 18, 2012
If you think the decision puts an end to the debate over the controversial project, guess again.
Posted In: Keystone pipeline, Oil

Cuba harvests oil off Florida coast

Jan 10, 2012
Oil deposits off the coast of Cuba could be worth hundreds of billions of dollars. But it will be years before the oil gets to market.
Posted In: Oil, cuba

Geithner asks China for help with sanctions on Iran

Jan 10, 2012
The U.S. treasury secretary wants China to impose sanctions, but may find the Chinese -- big buyers of Iranian oil -- in no hurry to make up their minds.
Posted In: Iran, China, Oil

Mr. Geithner goes to Asia as tension with Iran grows

Jan 9, 2012
Key on the agenda: Getting Japan and China to support Iran oil sanctions.
Posted In: China, Japan, Iran, sanctions, Oil

Diesel car market poised to grow in 2012

Jan 6, 2012
Chrysler announced plans to add 1,100 of them at its assembly plant in Detroit. The new workers will build a diesel version of the Jeep Cherokee. It's the latest of many U.S. automaker announcements for diesel cars and trucks.
Posted In: diesel, cars, Oil, auto market

Europe likely to impose oil sanctions on Iran

Jan 5, 2012
European officials are meeting in Brussels today to discuss an oil embargo against Iran in reaction to the country's nuclear program.
Posted In: Oil, Iran, Europe

European leaders agree to oil sanctions for Iran

Jan 5, 2012
European officials meeting in Brussels today have reportedly agreed to an Iranian oil embargo. It's the latest move by the west to punish Iran for its nuclear ambitions.
Posted In: Oil, Iran, sanctions

Iranian oil: To ban or not to ban?

Jan 5, 2012
The European Union has threatened to embargo oil from Iran. Iran snapped back, saying if that happens, it won't let any oil ships pass through the Strait of Hormuz. How might this affect Europe and the U.S.?
Posted In: Oil, Iran, Strait of Hormuz

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