Crude Rises Above $100 as U.S. Supplies Fall

West Texas Intermediate crude rose above $100 a barrel for the first time in two months after a government report showed U.S. supplies fell to the lowest level since September. Prices capped a second weekly gain.

Crude Falls From Two-Year High as Syria Concern Eases

West Texas Intermediate fell from a two-year high as the prospect of imminent attacks on Syria receded and as better-than-expected U.S. economic data raised speculation that the Federal Reserve will taper its stimulus.

Oil jumps as Syria conflict heats up

Oil prices rose roughly 3% Tuesday, as the U.S. government and its allies consider a military strike on Syria following the country's suspected use of chemical weapons.

Oil Falls as German Manufacturing Output Contracts

Oil dropped as German manufacturing output unexpectedly contracted in March, signaling the euro-zone debt crisis is slowing growth in the region’s biggest economy.

Oil falls as spending cuts loom; pump prices dip

NEW YORK (AP) — Oil fell Friday to its lowest level of the year on worrisome economic developments in the world's two largest oil-consuming nations. The price of crude fell 1.5 percent and is down 6 percent in two weeks.

Oil Set for Second Weekly Drop on Demand Outlook, Supply

Oil in New York rebounded after better-than-forecast U.S. economic figures fueled speculation that energy demand in the world’s largest crude user will increase. Futures rose as much as 0.3 percent after earlier dropping as much as 1.2 percent.

Oil Rises on China Stimulus Speculation and Spain Budget

Oil advanced from an eight-week low on speculation China’s government will bolster stimulus efforts and as Spain’s cabinet met to approve a 2013 austerity budget.

Rising gas prices crimp Americans' spending

WASHINGTON (AP) — Higher gas prices are crimping consumer spending and slowing the already-weak U.S. economy. And they could get worse in the coming months.

Oil Reaches $95 a Barrel on Housing Permits, Middle East Tension

Oil climbed above $95 a barrel for the first time in three months as U.S. building permits reached a four-year high and on concern that Israel will strike Iran and disrupt supplies from the Middle East.

Oil pares gains after Fed statement, EIA draw supports

NEW YORK (Reuters) - Oil futures ended off highs in choppy trading on Wednesday after the U.S. Federal Reserve said the economy had lost some momentum but offered no new stimulus, with support still coming from data showing a bigger-than-expected drawdown in U.S. crude stockpiles last week.

Analysis: Shale energy boom dangles prospect of leap in economic growth

WASHINGTON (Reuters) - America's reliance on fuel imports has sucked vigor from its economy for decades. Now an oil and natural gas boom holds out the prospect for a new era of stronger U.S. economic growth.

Oil hovers near $103 amid EU economy worries

LONDON (AP) — Oil prices hovered above $103 a barrel Tuesday as financial markets stabilized after sharp losses the previous day, when investors worried Europe's debt crisis will undermine economic growth and energy consumption.

Oil rises above $107 amid improving US economy

SINGAPORE (AP) — Oil prices rose above $107 a barrel Tuesday in Asia as traders bet an improving U.S. economy will boost demand at a time when the ability to increase crude production is limited.

Oil hovers near $107 as US economy improves

SINGAPORE (AP) — Oil prices hovered near $107 a barrel Thursday in Asia as signs of an improving U.S. economy bolstered investor confidence.

Gas prices are highest ever for this time of year

NEW YORK (AP) — Gasoline prices have never been higher this time of the year.

Gas prices may get close to $5 in some spots

NEW YORK (CNNMoney) -- The new year has greeted Americans with the highest January gas prices ever, and some analysts say prices could get close to $5 a gallon in some areas during the warm-weather driving season.

Heating homes with gas gets cheaper

NEW YORK (CNNMoney) -- Good news for homeowners: Natural gas prices are the lowest they've been in years. And they're expected to fall even further, thanks to growing production and slack demand.

Oil price above $101 as consumer confidence rises

NEW YORK (AP) – The price of crude oil climbed above $101 a barrel in light holiday trading on growing U.S. consumer confidence and tension in the Middle East.Benchmark crude rose $1.66 on Tuesday to end at $101.34 per barrel in New York.

Oil hovers at $100 ahead of key US jobs report

SINGAPORE (AP) — Oil prices hovered above $100 a barrel Friday in Asia as traders awaited a U.S. jobs report for evidence about the strength of the U.S. economy and demand for crude.

U.S.: World's Tallest Solar Tower Set for Arizona

In the western desert state of Arizona, a company called EnviroMission is planning to build a new solar tower, the first of its kind, an ambitious new way to produce energy with heat from the sun.