Oil sinks as Syrian action remains uncertain

Oil prices on both sides of the Atlantic dropped sharply a few minutes ahead of the market close on Thursday as traders sold contracts and booked profit ahead of the holiday weekend as a U.S.-led strike on Syria remained uncertain. FULL STORY »

Oil falls towards $116 as supply risks reassessed

Brent crude oil dropped below $116 a barrel on Thursday as the possibility of a delay in a U.S.-led military strike on Syria helped calm concerns over Middle East oil supplies. FULL STORY »

West Coast leads recent gasoline price declines

As the Labor Day weekend approaches, the U.S. national average retail price for regular gasoline has drifted downward from a summer-to-date peak of $3.68 per gallon, reached on July 22, to $3.55 per gallon on August 26, despite an increase in crude oil prices since early July. FULL STORY »

Brent oil hits 6-month high as West readies Syria strike

Brent crude surged to a six-month high on Wednesday as western countries prepared to attack Syria, raising concerns over the security of oil supplies across the Middle East, which pumps a third of the world's oil. FULL STORY »

Brent hits 6-month high as West weighs strike on Syria

Brent crude leaped to a six-month high, gaining more than $3 to top $114 a barrel, on Tuesday as Western powers considered a military strike against Syria following last week's suspected chemical weapons attack. FULL STORY »

Brent rises to $113 as Western strike on Syria planned

Brent crude climbed to a six-month high of $113 a barrel on Tuesday as Western powers readied a military strike against Syria to punish it for a poison gas attack. FULL STORY »

Brent oil prices end off 5-month high, Syria supports

Brent crude oil prices eased off a five-month high of more than $111 a barrel on Monday, but remained strong as tensions in the Middle East were stoked by the increasing possibility of a Western-led military response to an alleged chemical weapons attack in Syria. FULL STORY »

Brent falls but underpinned by Syria, U.S. data

Brent crude eased towards $110.50 a barrel on Monday but was supported near a five-month high as tensions over a suspected chemical weapons attack in Syria spurred concerns that increased unrest in the Middle East could disrupt supply. FULL STORY »

Oil climbs, gasoline gains on East Coast refinery problems

A rise in gasoline futures helped oil prices pull higher on Friday following news of a unit shutdown at a Canadian East Coast refinery. FULL STORY »

Brent rises above $110 as global economic outlook glows

Brent crude rose above $110 a barrel on Friday, buoyed by upbeat business surveys that suggested the global economy is on the mend and kindled hopes for higher fuel demand. FULL STORY »

Oil edges up on strong China, Euro zone data

U.S. crude oil rose more than $1 on Thursday, while Brent crude rose less and its premium over U.S. crude narrowed by more than $1 in a lightly traded session. FULL STORY »

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