NEW YORK - APRIL 7: Traders work in the oil futures pit at the New York Mercantile Exchange April 7, 2005 in New York City. (Photo by Stephen Chernin/Getty Images) The NYMEX launched the West Texas ...

Oil prices did something Monday they haven't done for a while -- they went down. After a strong start that saw the price for crude run all the way to $33.65 per barrel, the price of the benchmark ...

LAUNCESTON, Australia, Oct 20 (Reuters) - China's crude oil stockpile flows dropped sharply in September as lower imports and higher refinery processing cut the surplus that was available for storage.

Oil prices took a plunge earlier this year. WTI, the primary U.S. oil price benchmark, fell from its peak at above $80 a barrel to a low point of around $60 a barrel due to concerns that President ...