Oil rises on higher US stocks, falling dollar
The price of oil rose Monday, taking its cue from the stock market and the dollar. Full story
Biggest traders helping EU oil probe, not in it: sources
LONDON (Reuters) - European investigators have asked top trading houses Glencore <GLEN.L>, Vitol and Gunvor to help with a probe into oil price manipulation, while not suggesting they are under investigation, industry sources said on Monday. Full story
Hercules Offshore selling bulk of inland fleet
Hercules Offshore Inc. said Monday that it will sell the bulk of its inland barge rigs as part of the oil and gas drilling company's shift to focus on more profitable parts of its business. Full story
Analysis: At margins of shale oil boom, a tempered euphoria
HOUSTON/NEW YORK (Reuters) - For the past three years, the boom in the U.S. shale oil industry has outstripped all expectations. Production surged far faster than any forecasts; drillers raced to secure space in new pipelines to get their crude to market. Full story
Kuwait replaces oil officials at KPC after $2.2 billion Dow payment
KUWAIT (Reuters) - State-run Kuwait Petroleum Company (KPC) appointed a new chief executive and suspended other top officials after the country paid $2.2 billion in damages to Dow Chemical Co <DOW.N> over a scrapped plastics joint venture. Full story
EU finds time to tell restaurants how to serve olive oil
BRUSSELS (Reuters) - Critics ridiculed European Union bureaucrats on Saturday for taking time off fighting the euro zone's debt crisis to impose strict new rules on how restaurants serve olive oil. Full story
Sponsored Links
Articles
Video
Crude Oil Inventories Down 624,000 Barrels
CNBC's Bertha Coombs reports the latest numbers on energy supplies from the EIA Inventory Report.
April 26: Nightly News Friday broadcast
White House: Furlough solution a “Band-Aid” on economy’s wounds; Will newly found 9/11 debris be tested for human remains?; Carjacking victim’s daring escape from bombing suspects; Questions remain over Syria's chemical weapons; Fargo braces for record flooding; The oil at the heart of the Keystone
The oil at the heart of the Keystone pipeline controversy
The Keystone pipeline, a project to transport heavy crude from Canada to the Gulf Coast, is expected to provide hundreds of temporary construction jobs in the U.S., but critics say the oil it carries comes at a terrible cost. NBC’s Anne Thompson reports.
Toxic BP oil clean-up chemical sickening those exposed
Mark Hertsgaard, contributor to The Daily Beast, talks with Rachel Maddow about the devastating health effects of Corexit, the oil dispersant used by BP in the Gulf to clean up oil from the Deepwater Horizon spill on the workers and residents of the area.
'What if we never run out of oil?," The Atlantic asks in new issue
The Atlantic's James Bennet joins Morning Joe to discuss how new technologies may help prove that fossil fuel may not be finite.
advertisement | ad info
Related Photos
A driver fills up with fuel at a Shell petrol station in London
A driver fills up with fuel at a Shell petrol station in London May 15, 2013. Oil companies will face the full force of the law if they manipulated prices, Britain's energy minister said on Wednesday as the European Commission's demanded more firms provide information as part of its probe into oil p
Fuel pumps are seen at a Shell petrol station in London
Fuel pumps are seen at a Shell petrol station in London May 15, 2013. Oil companies will face the full force of the law if they manipulated prices, Britain's energy minister said on Wednesday as the European Commission's demanded more firms provide information as part of its probe into oil pricing.
A BP logo is seen at a petrol station in London
A BP logo is seen at a petrol station in London May 15, 2013. Oil companies will face the full force of the law if they manipulated prices, Britain's energy minister said on Wednesday as the European Commission's demanded more firms provide information as part of its probe into oil pricing. REUTERS/
Undated handout photo of Egypt's new Petroleum Minister Haddara
Sherif Haddara, Egypt's new Petroleum Minister, who has been newly assigned to his position during a cabinet reshuffle, is pictured in this undated handout photo provided by the Egypt Ministry of Petroleum and Mineral Resources and released on May 7, 2013. Haddara, chairman of the Egyptian General P
