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What does the dissent within the ranks of the oil-producing nations in OPEC mean for oil prices in the U.S.? Margaret Warner discusses the turmoil at OPEC summit this week with Ed Crooks of The Financial Times.
By PBS NewsHour
President Barack Obama began his latest effort to open a dialogue with the Muslim world with a visit to King Abdullah of Saudi Arabia on Wednesday.
As crude oil costs climb higher, summer travelers are watching the price of gasoline increase. Analysts examine the factors pushing oil prices up.
Nigeria's main militant group in the oil-rich Niger Delta region claimed responsibility for two oil pipeline attacks Monday, less than a week after officially calling off a cease-fire on pipeline sabotage…
Question/Comment: With the record world petroleum prices, why is it that many oil-producing countries, such as Mexico, Venezuela, Nigeria, are still unable to solve their chronic poverty problem? Shouldn't the oil boom generate more jobs for the masses…
The Labor Department announced the sixth consecutive month of job cuts Thursday as employers cut 62,000 workers, further fueling U.S. economic concerns. Analysts examine the news.
As the summer travel season begins this Memorial Day weekend, American motorists are shifting their consumption patterns as they adjust to higher prices at the gas pump. Experts examine how consumers are handling the higher fuel prices.
Indonesian President Susilo Bambang Yudhoyono said Tuesday that his country is considering dropping out of the Organization of Petroleum Exporting Countries based on its declining oil output.
Following Tuesday's Pennsylvania primary, Sens. Barack Obama and Hillary Clinton turned their focus to upcoming primaries in Indiana and North Carolina. Clinton seeks to keep her momentum going while Obama looks to clinch the Democratic nomination.
Democratic presidential candidates Sens. Hillary Clinton and Barack Obama spent Thursday on the campaign trail outlining their plans to boost the economy, while presumptive GOP nominee Sen. John McCain met with British Prime Minister Gordon Brown in London.
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