LOS ANGELES, May 5 (UPI) -- Oil markets have not forgotten last month's heady days when crude futures flirted with the $60 per barrel level and experts said signs pointed to the world bein

Another week of growth for the U.S. crude supply sent futures prices tumbling as traders finally appeared satisfied the nation would not experience shortages of gasoline this summer.

NEW YORK, June 1 (UPI) -- U.S. stocks Tuesday recouped small, early session losses due to oil price hikes and closed largely unchanged.

NEW YORK, April 8 (UPI) -- Saddam Hussein's decision Monday to halt Iraq's oil exports to the west for a month as a protest against Israel's incursions into Palestinian territory sparked a rally in world oil markets that was tempered by OPEC's refusal to jump on to Baghdad's saber-