United States Energy Secretary Sam Bodman called on Saturday for more countries to scrap fuel price subsidies that stoke oil demand.
Opec is widely expected to resist consumer calls for more oil when it meets on Friday, worried by a slowing United States economy and the onset of seasonally lower demand in the…
United States President George Bush heads to Saudi Arabia on Monday to encourage support for Israeli-Palestinian peacemaking by the Arab powerbroker and seek help maintaining…
Oil soared to record highs on Wednesday, drawing within a hair’s breadth of the milestone as the United States dollar plumbed new lows and the onset of cold weather stirred…
Oil leapt more than a barrel to a new record high of ,44 on Tuesday, as a weak dollar and tight fuel stocks prompted buying by speculators. Investors, wary of global equity…
Opec was meeting on Tuesday to consider a modest rise in oil output proposed by Saudi Arabia and other Gulf Arab states in a gesture to consumers worried by the economic impact…