Coalition leaders in Greece were working to piece together a deal aimed at avoiding default on current obligations … buying crude oil. Sputtering economic signals in the world’s major economies have pressured crude prices as supplies continue …

USA TODAYViews | Lower oil prices could offer some respite to Indian economyLivemint(The oil prices the Indian government uses for its estimations are based on the so-called Indian basket, whose cost is usually a couple of dollars lower than Brent.) Th…

GCaptain (press release)OIL FUTURES: Crude Extends Losses After Saudi Comments, Greek WoesWall Street JournalThe price of Brent should fall to around $100 per barrel as current oil supply outweighs demand, Saudi Arabian Oil Minister Ali al-Naimi said l…

who last Thursday spoke against high prices for oil futures. “We are trying to bring the price down.…We are not happy” with current levels, said Abdalla Salem el-Badri who, as the group’s secretary general, acts as a unifying

Wall Street JournalUtah gas prices remain stableDeseret News“Global economic concerns have helped to pressure oil prices lower,” said AAA spokesman Matt Skryja. “Investors' buying behavior continues to have the largest impact on prices.” Ad…

USA TODAYOIL FUTURES: Crude Oil Prices Steady Following Overnight Sell-OffWall Street JournalOn Tuesday, Saudi Oil Minister Ali al-Naimi said the group will discuss at a meeting next month whether to raise output targets, adding that current oil prices…

French voters elect François Hollande as president, giving the country a Socialist leader who has pledged to shift the burden of hardship to the rich and softening the current prescription of austerity. Photo: Getty Oil prices had already …

President Obama Speaks And The Oil Speculators ReactHuffington Post (blog)Last week President Obama gave the nation a briefing from the White House on the perils of speculation and the potential for abuse in oil futures trading contributing to the dist…

AFPKnox gasoline prices drop; oil dipsKnoxville News SentinelCurrent area prices are only slightly higher than a year ago when drivers paid on average $3.662 per gallon, the auto club reported. The downward trend may not last with the approach of the c…

has also pointed to higher supplies emanating from these countries for its belief that current oil prices are “unjustified”. US oil production has surged to a 10-year peak after companies tapped so-called shale reservoirs, using a technique called …