Energy

BP stops 100,000 barrels of Alaska oil

Prudhoe Bay, Alaska -- BP PLC said Tuesday a pencil-size hole in a water pipeline shut down 100,000 barrels, or 25 percent, of its Alaskan oil production "for a few days."

Oil price slips ahead of inventory report

New York -- New York crude oil prices fell to less than $66 a barrel Tuesday, a day ahead of a U.S. Energy Department report on U.S. gasoline inventories.

Oil tops $66 a barrel on gasoline concerns

New York -- New York crude oil prices topped $66 a barrel Monday on growing concerns U.S. gasoline supplies won't be able to meet Americans' summer-driving demand.

Oil has hefty climb, gas another record

New York -- Crude-oil futures closed slightly higher Friday after posting a hefty gain for the week.

Crude takes jump, gas at pump sets record

New York -- Crude oil for June delivery jumped $2.31 a barrel to close Thursday at $64.86 on the New York Mercantile Exchange, its highest closing since April 30.

U.S. gasoline prices hit record

New York -- U.S. regular unleaded regular gasoline was selling Thursday at its highest average ever -- $3.114 a gallon -- the AAA Fuel Gauge data reported.

U.S. gasoline prices hit record high

Heathrow, Fla. -- U.S. gasoline prices hit a record high for the fourth straight day, topping $3.10 for a gallon of unleaded regular, AAA said Wednesday.

Oil eases amid petroleum-supply forecasts

New York -- New York crude oil prices eased to less than $63 a barrel Wednesday amid forecasts of a rise in U.S. petroleum supplies.

Oil falls after OPEC Inventory Report

New York -- New York crude oil prices fell to near $62 a barrel Tuesday after OPEC said inventories were more than enough to meet summer-driving fuel demand.

Gasoline futures drop more than 2 percent

New York -- Reformulated-gasoline futures closed down more than 2 percent Monday as traders feared high U.S. gasoline prices would decrease demand.

Oil rises near $63 on supply concerns

New York -- Oil prices rose near $63 a barrel Monday on concerns summer U.S. driving demand may exceed U.S. gasoline supplies

Oil prices close above $62

New York -- Crude oil futures closed above $62 a barrel Friday to score a slight gain for the week.