Complete coverage on


Latest Stories

CNNMoney: Exxon Mobil profit soars 41%updated: Thu Oct 27 2011 11:45:00

Exxon Mobil reported quarterly earnings of $10.3 billion on Thursday, a surge of 41% from a year earlier.

CNNMoney: Oil prices gain 3.6% for the weekupdated: Fri Feb 19 2010 15:42:00

Oil prices rebounded Friday on supply concern following strikes at French refineries, and after a report showed a dip in U.S. inflation.

CNNMoney: Oil up on labor contract concernsupdated: Fri Jan 30 2009 14:52:00

Oil prices rose Friday as the possibility of an oil workers' strike in the United States weighed on investors. Big Oil's Biggest Quarter Everupdated: Fri Aug 01 2008 16:00:00

Oil giants Chevron Corp. and Total SA wrapped up a string of gargantuan, record-breaking earnings reports, a stretch in which six of the major international oil companies topped $50 billion in combined profit for the first time

Iraq sparks scramble for lucrative oil contractsupdated: Mon Jun 30 2008 13:19:00

Iraq's oil minister Monday opened international bidding on six oil fields that could increase the country's oil production by 1.5 million barrels per day.

Fortune: Why the Sanofi-Pfizer rumor makes senseupdated: Wed Oct 10 2007 12:08:00

In the last week of trading, shares of French drugmaker Sanofi-Aventis have jumped 5.5% on rumors that U.S. pharma giant Pfizer is pondering the purchase of a significant share of its business. There are two hypothetical scenarios now circulating the markets. One of them makes sense for Pfizer. The other? Not so much.

Last blazes in UK inferno put outupdated: Tue Dec 13 2005 03:25:00

Firefighters have extinguished the last three tank fires at an oil depot inferno that has spewed a huge plume of black smoke across southern England and into France.

We recommend