Oil for December delivery rose $1.49 to settle at $78.68 a barrel on the New York Mercantile Exchange.  More »

Petrobras, which booked $44 billion in operating losses from selling fuel at below-market prices during President Dilma Rousseff’s first term, is set to raise its subsidized refinery gate prices even after crude’s 25 percent plunge this year brought them more into line with international benchmarks.  More »

Lower oil prices, while good for the broader U.S. economy, are a threat to what has been a surprising and dramatic surge in oil production in the U.S.  More »

Oil tumbled last month after Saudi Arabia, Iraq, Iran and Kuwait cut prices, leading to concern that OPEC members were fighting for market share.  More »

The bonus at the pumps represents the biggest benefit to consumers to date from a record boom in domestic oil production that has contributed to a global crude glut and helped bring down international prices.  More »

Oil for December delivery dropped $1.08 to settle at $81.12 a barrel on the New York Mercantile Exchange.  More »

AAA says global oil supplies, including significantly higher oil production in the U.S., are outpacing a growth in demand.  More »

Oil for December delivery rose 42 cents, or 0.5 percent, to settle at $81.42 a barrel on the New York Mercantile Exchange.  More »

The shale oil boom is proving far less kind to Mercedes-Benz drivers than it is to those sitting behind the wheel of a Toyota Camry or Chevrolet Impala.  More »

Oil has fallen by 24 percent from this year’s peak in June.  More »

WTI for November delivery gained 5 cents to $82.75 a barrel on the New York Mercantile Exchange. The futures are down 3.6 percent this week and 16 percent in 2014.  More »

Brent crude extended its biggest one-day collapse in three years amid speculation OPEC will refrain from eliminating a glut.  More »