Full Coverage: Oil and Gas
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AFP/Getty Images/File
Oil sets record near $128; pump price at high, too
AP - Fri May 16, 8:24 PM ETNEW YORK - News that Saudi Arabia had boosted its oil output by 300,000 barrels a day was greeted as a non-event on oil markets — the move wasn't anywhere near the kind of production increase needed to bring prices down on Friday.
Off the Wires
- Oil sets record near $128; pump price at high, too AP - Fri May 16, 8:24 PM ET
- Oil price surges to record high near 128 dollars AFP - Fri May 16, 4:14 PM ET
- US will stop sending oil into strategic reserves AP - Fri May 16, 1:01 PM ET
- Nigerian firefighters douse oil pipeline blaze: official AFP - Fri May 16, 10:18 AM ET
- Nigeria pipeline burns for second day after deadly explosion AFP - Fri May 16, 8:27 AM ET
News Stories
- U.S. to suspend oil reserve shipments at CNN/Money - Fri, May 16, 2008
- Oil above $127 for the first time at BBC - Fri, May 16, 2008
- Saudi Arabia Turns Down Bush's Oil-Output Request at The Wall Street Journal - Fri, May 16, 2008
- Saudi Arabia Says It Will Boost Oil Output in June at Bloomberg.com - Fri, May 16, 2008
- Crude prices end day lower at CNN/Money - Thu, May 15, 2008
Feature Articles
- Like father, like son: Bush pleads for Saudi help, but world oil market has changed at McClatchy Newspapers - Fri, May 16, 2008
- Old-Style Pumps Balk At $4-a-Gallon Gas, Too at The Washington Post - Fri, May 16, 2008
- Oil Traders Draw Congress' Ire at Business Week - Thu, May 15, 2008
- Gas crunch hits home at CNN/Money - Wed, May 14, 2008
- Oil's Murky Math BusinessWeek via Yahoo! News - Wed, May 14, 2008
- Bicycle-makers ride high on surging oil prices Reuters via Yahoo! News - Tue, May 13, 2008
Opinion & Editorials
- Keep stockpiling oil at The Los Angeles Times - Wed, May 14, 2008
- The Oil Nonbubble at The New York Times - Mon, May 12, 2008
- Polar Bears Threatening to Deliver Us $200 Oil at Bloomberg.com - Mon, May 12, 2008
- Why pump prices need to stay high The Christian Science Monitor via Yahoo! News - Mon, May 12, 2008
- How to Use the Strategic Petroleum Reserve at The Wall Street Journal - Fri, May 09, 2008
- Election Year + $124 Crude Oil = Silly Solutions at Bloomberg.com - Fri, May 09, 2008
Photos
Oil Industry
A motorist fill a car with fuel at a gasoline station in Richmond, California. Major crude oil producer Iran said that any output hike by the Organisation of Petroleum ...
Related Web Sites
- Gaspricewatch.com
- offers pricing information for gas stations nationwide. Includes a tool to search on gas prices by zip code.
- Organization of the Petroleum Exporting Countries (OPEC)
- intergovernmental organization dedicated to the stability and prosperity of the petroleum market.
- Fossil Energy: Petroleum Reserves
- information on the the U.S. strategic reserve and the Northeast heating oil reserve. From the U.S. Department of Energy.
- Energy Information Administration: Petroleum
- includes data on oil and gas prices; an overview of imports and exports, supplies; and information on domestic exploration and production. From the U.S. Department of Energy.
- International Energy Agency
- Autonomous agency linked with the Organisation for Economic Co-operation and Development (OECD) that determines policies to meet changing energy and economic conditions.
- CNNmoney: Commodities Prices
- get updated prices and data on crude and home heating oil, gasoline, and natural gas.