Oil

British Petroleum is expected to be hit today with the biggest fine in the history of the Occupational Safety and Health Administration. Stephen Beard reports.

Shell is reporting a 62% drop in third-quarter profits, and the future might not look much better for the oil giant. Stephen Beard reports.

Juli Niemann, analyst at Smith, Moore and Company, talks with Bill Radke about the rise in U.S. home prices, and why the price of oil isn't even cheaper with demand down.

Oil crossed $80 a barrel overnight, the first time that has happened in a year. Stephen Beard reports on the outlook for oil.

Simon Taylor, founding director at Global Witness, talks with Stacey Vanek-Smith about his organization's report, which says oil supplies are drying up fast.

Writer Ambrose Evans-Pritchard talks with Bill Radke about an article he wrote on the new advances in the extraction of natural gas.

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.