
This is probably your last chance to buy into oil before it starts to plunder the economy again.

Crude oil futures gained more than $1 after Bernanke said that the Fed is committed to keeping interest rates extremely low for "an extended period."

Two of WFSC's top executives and its former CFO allegedly consorted with others to commit insider trading and net over a million dollars.

A newly released report predicts that a continued moratorium on offshore drilling can be economically disastrous.

The 4 percent spike was the largest percentage gain since late September.

Peak oil must serve as an "alarm that we need to take more seriously" by diversifying Saudi Arabia's economy, Mohammed al-Sabban said.

Representatives try to convince lawmakers not to over-regulate hydraulic fracturing to the point that it loses viability.

Geopark, a Latin American energy company, just completed drilling a new well in Chile. Called Alakuf 4, it is already producing 380 barrels of oil a day.

Crude oil prices rise less than a percent as the dollar continues to drop against the Euro.

Cairn India Ltd. to agree on levy with India at around $9.00 a barrel. By 2011, Cairn hopes to have the field producing 175,000 barrels a day.