It is important to make sure that a sizable part of the oil windfall accrues to consumers.
Obama intends to highlight U.S. support for kingdom with quick visit.
But they both want US oil producers to cut back production in our higher-cost oil fields.
Skeptics fear strained infrastructure could hamper domestic boom.
No matter who owns Iraqi oil, the one thing you can be pretty sure of is that they are going to...
The International Energy Agency (IEA) is predicting that the low oil prices of recent months will...
Oil prices spiked as much as 3 percent Friday but remained at their lowest point since 2008.
Sustained low prices in oil translate into a direct economic stimulus.
West Texas Intermediate crude oil dipped below $90 a barrel for the first time in 17 months.
Is the oil market "concerned" about the Iraqi unrest, or merely opportunistic?