Crude for December delivery fell $1.25, or 1.3 percent, to $93.37 per barrel. More »
The latest proposal restricts trading volume of futures contracts for 28 commodities, from corn and oil to metals and frozen orange juice. More »
Oil companies are rapidly cutting their costs as they produce at higher rates in the United States, with output likely to continue growing as long as oil prices stay above $40 a barrel. More »
Ample supplies of crude have weighed on the price in recent weeks. More »
Third quarter earnings for Anadarko Petroleum Corp. jumped 50 percent compared with the same period a year ago, as the company made more money off its oil and natural gas. More »
A reader from Thailand wants some advice on whether to carry on their current path, or indeed make a leap not only to higher education, but also an entirely different country. More »
Oil has fallen 4 percent so far in October.
Oil began flowing from the first well in ConocoPhillips’ newest Norwegian offshore development project late last week, the first trickle of a four-year effort to expand production in the region, the company said Monday. More »
Hundreds of trains carrying crude oil could soon be chugging across the Northwest, bringing potential jobs and revenues but raising concerns about oil spills, increased train and vessel traffic and other issues. More »
Algeria’s energy minister said the state oil company, Sonatrach, will rely on unconventional techniques to extract 50 percent of the reserves, including hydraulic fracturing, also known as fracking. More »
Oil ended the week down $2.96 a barrel, or 2.9 percent, largely due to concerns among traders that the market is oversupplied.
Bryan Sheffield, a third-generation oil wildcatter in Texas’ Permian Basin, knows what he’ll do if crude drops to $80 a barrel: shut down half his drilling rigs. More »