Oil News Articles

Oil Jumps Oil Jumps As OPEC Seeks Proposed Deal To Freeze Oil Output As Stock Rebounds

Oil jumps on its best one-day percentage gain since January 2009. Oil futures climbed by $3.23, or 12%, to settle at $29.44 a barrel on the New York Mercantile Exchange, according to Oil prices climbed Friday after the United Arab […]

GE Fracking Boom To Boost Profits

GE is investing billions of dollars in the new boom of oil and gas drilling, or fracking. The corporate giant is opening a new laboratory in Oklahoma, buying up related companies. The company is placing a big bet that cutting-edge […]

Gas Prices To Fall 20 Cents Per Gallon

Gas prices are set to fall another 20 cents per gallon by Memorial Day weekend. The cost at the pump has been rising this year to almost $4 per gallon, but not this time, according to financial experts. Nationally, a […]