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

Just going through some files on my hard drive, and I ran across the following story. Unfortunately, I don't have the source. But it's an interesting look at where projected future oil reserves are expected to come from. It also reinforces the difficulty that the international oil companies are going ...

And the answer is: Iran. Those pictures are from the Dizin ski resort north of Tehran. One of the engineers in my group came back from the holidays and told us that the Tehran Airport had been closed for 3 days due to snow. He also forwarded those pictures, ...

It has been clear for some time that OPEC members are deeply split over whether $100 oil is good for them in the long-term. Saudi Arabia, having been in this game a long time, probably understands better than most the effect that high oil prices will have. While short-term gains ...

That the U.S. will attack Iran seems to be the conventional wisdom. I see a lot of people speculating that we will. Today, another article was published suggesting that high oil prices might lead us to do it:Soaring oil prices could trigger a US attack on ...