The latest news on oil
Price bubbles have a habit of collapsing under their own weight.
The twilight of agriculture in the kingdom's desert already is evident, with the potential to further push up world food prices.
Bet on the producers, say managers of RS Global Natural Resources.
Barrel price for petroleum at a new high.
As oil prices hit a new high, the president asks for increased production.
A superspike in oil prices would create huge challenges for U.S. and global growth.
The price run-up was predicted months ago by a critic of the Bush administration's Strategic Petroleum Reserve policy.
Oil futures have surpassed the once unthinkable price of $120 a barrel.
At $1,000 a fill-up, independent drivers suffer, and costs to consumers rise.
Rolling back the federal fuel levy would do little to ease pump-price pain.