Oil price near $100 on global security concerns

Oil prices rose above $100 a barrel Friday as worries over global security issues outweighed weak economic data in the U.S...

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Oil Tops $80 Barrel for First Time Since May

Crude oil surged above $81 a barrel for the first time since May as a rally in global equity markets increased speculation....

BP says it's sorry - and guarantees $20B for Gulf

President Barack Obama wrested a $20 billion compensation guarantee and an apology to the nation from British oil giant BP Wednesday..

U.S. Lawmakers blast oil firms' drilling plans

U.S. lawmakers blasted major oil companies on Tuesday for "virtually worthless" and "cookie cutter" plans to handle a deepwater oil disaster...

Coast Guard Tells BP to Speed Up Containment Pace

The federal government has given BP until the end of the weekend to find ways to speed up efforts to contain huge amounts of oil gushing from a ruptured well in the Gulf of Mexico, according to a letter released Saturday, as large globs of brown crude coated Alabama's white sand beaches.

Obama to Meet BP Chairman

President Barack Obama and senior administration officials will meet BP Chairman Carl-Henric Svanberg next Wednesday..