International Energy Agency

Oil pumps work in the desert oil fields of Sakhir, Bahrain. (AP Photo/Hasan Jamali, File)

Iran nuke deal could push oil prices lower

NEW YORK (AP) — Oil prices could be headed lower after the preliminary nuclear deal between Iran and six world powers, even though it does not allow Iran to export more oil. In the short […]

11/25/2013

Organization of the Petroleum Exporting Countries logo (AP Photo)

OPEC keeps oil output target at 30 million barrels

VIENNA (AP) — OPEC oil ministers reached quick agreement Friday on keeping output targets steady but deferred solutions on how to deal with surging U.S. shale oil production and internal rivalries denting the organization’s image […]

05/31/2013

Oil falls below $91; gas down 2 cents over weekend

NEW YORK (AP) – The price of oil is falling Monday and giving back about half of last week’s gains. In midday trading, benchmark crude oil was down 99 cents, or 1.1 percent, to $90.87. […]

10/15/2012