petroleum

Unusual Cures for Pain at the Gas Pump

It's almost automatic: As soon as gas prices go up, the media rushes to offer suggestions for saving money on fuel. But rather than recycling all the old familiar ideas, DailyFinance asked its readers for their best suggestions to reduce pain at the pump, and you gave us some unusual options.

Oil Prices Gush to Two-Year High

Oil prices touched a two-year high Monday on tighter inventory and expectations that a U.S. economic growth spurt will boost demand this year. Some analysts predict prices could soon gush to $100 per barrel.

Oil Prices Soar to Five-Month High

Oil prices reached their highest point in five months due to the combination of a weakening dollar, an interest-rate cut in Japan, a strike by French workers and a barge crash that closed off a Texas shipping route.

Why Gas Prices Are Falling in Time for Labor Day

The price per gallon for gasoline is at the second-lowest level in five years, and some economists predict it could drop much further soon. The reason: More-than-ample inventories of crude oil and refined petroleum products.

BP Profits Set to Surge Despite the Oil Spill

Despite the rising costs associated with the Deepwater Horizon oil spill in the Gulf of Mexico, BP's second-quarter earnings are likely to be strong when they are reported late Monday: The energy giant's quarterly revenues are expected to be up 28% from a year earlier.

U.S. Trade Deficit Unexpectedly Rises in May

May%u2019s unexpected rise in the U.S. trade deficit to $42.3 billion isn%u2019t likely to resolve the tug-of-war between the economic bulls and bears. Imports and exports both grew, but imports grew marginally faster.

CEOs continue to rake in the cash

If your dwindling paycheck has you feeling a bit gloomy these days as you struggle to make ends meet, you can always take comfort in knowing that...