Oil

More people are applying for mortgages than at anytime in the past three months. That's according to the Mortgage Bankers Association….

Despite a global freeze on Muammar Gaddafi's assets, analysts believe Libya is making at least $150 million a week in oil profits. The U.K. says it has a solution to benefit the Libyan people.

Oil executives are meeting in Houston. Reporter Scott Tong discusses whether there is panic among execs at the energy conference and what's in store for the oil industry going forward.

Juli Niemann, analyst at Smith Moore and Company, explains why high oil and gas prices haven't convinced Americans to drive less this Spring.

Today President Obama is expected to nominate Commerce Secretary Gary Locke to be the new U.S. Ambassador to China. He'd be the first Chinese-Ame…

Oil prices declined for the first time in three days as members of the Organization of Petroleum Exporting Countries hold informal talks over pumping more oil into the global economy.

The cost of oil keeps rising, but it's the gas price at the pump that consumers should be worried about, and might snuff out the economic recovery.

As oil exploration picks up, many homeowners are shocked to learn that energy companies could be making plans to drill on their property.

The White House considers tapping into the nation's Strategic Petroleum Reserve to counter rising oil prices. But Gregory Warner reports that it may not cut gas prices.

Oil is trading above $106 a barrel today on news of the continued unrest in Libya. Here in the U.S., gas prices have topped $3.50 a gallon — tha…