Scotland has been a part of the United Kingdom for the past 300 years, but many Scots think it's a bad deal. Scotland is home to most of the U.K.'s oil and gas production in the North Sea.
Supporters of cutting Scotland loose from the rest of the United Kingdom kicked off their independence campaign today. A key part of the U.K.'s wealth is the oil under the North Sea, which would become Scottish territory.
The top nuclear official at the United Nations said today that a deal has been reached with Iran to allow the U.N.’s investigation into Iran’s nuclear program to continue. So what does this mean for the price of oil, which spiked earlier this year because of tensions with Iran?
The Fortune 500 2012 list ranking U.S. companies by revenue has Exxon Mobil at No. 1 and other oil firms near the top. So why are gas prices continuing to go up?
ExxonMobil, one of the biggest companies in the world, has battled scandal after scandal and shaped much of how power works in modern society. How did it get to the top?
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.