Crude oil News
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Oil prices hit a two-and-a-half year high on Thursday, but pulled back late in the session. Brent crude closed at $111.36, up 11 cents while West Texas crude, the US benchmark, closed at $97.28, down 82 cents.
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London -
The International Energy Agency (IEA) has released its World Energy Outlook 2010, forecasting energy use, production, investment and trading into 2035. The Agency has zeroed in on greenhouse gas emissions.
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Quito -
Ecuador has as-yet untapped crude oil resources, and an estimated 846 million barrels lie below a very special place called the Yasuni National Park.
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The Department of Fisheries and Oceans is behind a plan to dump up to 1,200 liters of crude oil in the Arctic Ocean in a bid to test clean-up responses.
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A tank ship filled with crude oil collided into two barges being towed by a tug boat, which saw 450,000 gallons (1.7 million liters) of crude oil spill into Port of Port Arthur.
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A team of scientists based at the Royal Institute of Technology in Sweden have made a "revolutionary" discovery about how hydrocarbon is formed, learning that animal and plant fossils are not necessary to form crude oil.
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With crude oil prices on the rise - reflecting production crimping and a weaker U.S. dollar - gasoline prices have been on a steady march upward.
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As the price of crude oil drops, the price at the pumps keeps on going up and up. In my mind, it has become official: We are being totally ripped off and I want to know what are you going to do about it.
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Not surprisingly, oil prices have once again reached an all time high. Just over the weekend crude oil prices rose $2.44, from $83.69 to $86.13. Crude oil production continues to fall while the demand rises - not a good combination.
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An AP analysis and a Pew Research Center poll found in October find.
The Pew Research Center is a nonpartisan "fact tank" based in Washington, DC, that provides information on the issues, attitudes and trends shaping the USA and the world.
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Crude oil Headlines
Analysts say a rise in the number of countries hoarding crude is contributing to high fuel prices.
Crude oil prices have retreated after earlier gains, but Brent crude prices remain above $120 a barrel.
EU officials agree in principle to ban imports of Iranian crude oil to increase pressure on the country over its nuclear programme.
 TransCanada confirms it's considering a plan to ship crude oil from Western Canada to eastern refineries.
 The head of Iran's state oil company says the price of crude will reach $120 to $150 per barrel, as officials in Tehran prepare to discuss a ban on crude sales to European Union countries in retaliation for an EU embargo.
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