Analysis: Oil price rise raises specter of global recession

LONDON (Reuters) - A jump in energy prices is jamming the slow-turning cogs of an economic recovery in the West, but that may be nothing compared to the economic shock an Israeli attack on Iran would cause.

Oil producers tell G20 they will help avoid price pain: Italy

MEXICO CITY: Oil-producing members of the Group of 20 leading economies said on Saturday they would take measures to avoid a rise in petroleum prices from hurting the world economy, an Italian government official said.

Oil may breach $150 a barrel on mounting Iran crisis

MUMBAI: Oil, which touched $124 a barrel mark on Friday, appears set to touch a new record and breach the $150 mark on mounting Iran crisis. Analysts feel that the government is holding back from hiking fuel prices because of the ongoing elections and a steep hike is likely next month.

Germany to cut solar subsidies faster than expected

(Reuters) - Germany plans to bring forward cuts in solar power subsidies of up to 30 percent by almost a month to March 9, spelling further trouble for companies selling solar panels in the world's No.2 market.

Oil price highest for nine months

The price of oil has reached its highest level since May last year as concerns mount over Iran's nuclear programme.

Energy companies revisiting gas, oil deposits in NW Ohio

Energy companies are revisiting gas and oil deposits left under ground in past years, when oil pumps were a common sight on northwest Ohio farms.

Japan posts record trade deficit as energy costs climb

(CNN) -- Japan -- battered by a strong yen, slowing global demand and increased oil and gas imports due to last year's Fukushima nuclear disaster -- posted a record trade deficit of $18.7 billion in January, according to official figures released Monday.