Oil Surge, No End In Sight

reading comprehension1. The giving of credit _______________. The creditor―that is, the one who grants the credit―allows the debtor―the purchaser who uses the credit―to own and use a...

Venezuelan President Hugo Chavez stopped oil exports to ExxonMobil, escalating a multi-billion dollar fight with the U.S. company two days after threatening to cut off all supplies to America....

(120 sec.) Oil prices surge while HP disappoints.

With the inflation adjusted dollars, crude has now passed its all time highs from the 1860s.

(120 sec.) Decision to change its stance boosts investors' outlook.

Trading volume was thin on Wall Street after the Christmas break...with stocks remaining relatively flat for the day. By the end of trading the Dow added on two points, the S&P 500 just a point,...

(90 sec.) A hoped-for year-end sales surge wasn't strong enough; Cisco buys IronPort Systems.

Stocks jumped Wednesday, as the June crude contract dipped on mixed supply news.

By PABLO GORONDI, Associated Press Writer 40 minutes ago Oil prices rose above $135 a barrel for the first time Thursday, with supply worries, global demand and an ever weakening U.S dollar driving...

The oil market is suppossed to be in its quiet season - the time when American heating oil demand wanes - and the summer driving season has not yet begun. But the oil trading pits at the New York...