A Chinese state oil company may go toe-to-toe against Exxon Mobil and make an oil bid in West Africa. Scott Tong reports.

A U.K. newspaper report says Persian Gulf countries want to stop selling oil for dollars. What's the chance of that happening? Jeremy Hobson reports.

The dollar fell on foreign exchange markets in reaction to reports that there have been secret talks to dump the greenback as the main currency for trading oil. Stephen Beard reports.

The Independent's Middle East correspondent Robert Fisk talks with Bill Radke about reports that Arab countries are in talks to no longer trade oil in U.S. dollars.

Journalist Peter Maass talks with Kai Ryssdal about his book, "Crude World" and the disadvantages that come with having a lot of oil.

As winter approaches and the price of crude continues to be unpredictable, millions of Americans are wondering if they should commit on their home heating oil at today's price with a pre-buy contract. Bob Moon reports.

Gas prices may be lower than they were this time last year, but they're still relatively high. But if oil producers increased production, and caused oil prices to fall, it would have bad longer-term consequences. Ashley Milne-Tyte reports.

The United Nations has given Iranian President Mahmoud Ahmadinejad until the end of the month to stop enriching uranium. The country's gas imports may be at stake if he doesn't comply. Stephen Beard reports.

British energy company BP has made a giant discovery of oil in the Gulf of Mexico. But it's so deep it could be a decade before we see any oil. Bob Moon reports.

BP announced a giant discovery deep in the Gulf of Mexico. But determining the value of the oil will be tricky because it lies under more than 4,000 feet of water and another 35,000 feet under the ocean floor. Sam Eaton reports.