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  • Gas blast in Taiwan kills 24, injures 271 Friday, 1 Aug 2014 | 1:49 AM ET
    Rescue workers search through the explosion site in southern Kaohsiung city on August 1, 2014. A series of powerful gas blasts killed at least 22 people and injured up to 270 in the southern Taiwanese city of Kaohsiung,

    An explosion caused by a gas leak killed 24 people and injured 271 in Taiwan's second city, sending flames shooting 15 stories into the air, setting entire blocks ablaze and reducing small shops to rubble.

  • SINGAPORE, Aug 1- Brent crude held near $106 a barrel on Friday as ample supply continued to drag on prices a day after the benchmark posted its worst monthly performance since April 2013. U.S. crude futures for September delivery fell 16 cents to $98.01 a barrel, following a 6.8 percent decline last month, the biggest monthly loss since May 2012.

  • SINGAPORE, Aug 1- Brent crude held near $106 a barrel on Friday as ample supply continued to drag on prices a day after the benchmark posted its worst monthly performance since April 2013. U.S. crude futures for September delivery fell 13 cents to $98.04 a barrel, following a 6.8 percent decline last month, the biggest monthly loss since May 2012.

  • Battered US oil ends at near 6-month troughs Friday, 1 Aug 2014 | 2:41 PM ET

    Brent crude held near $106 as ample supply continued to drag on prices after the benchmark posted its worst monthly performance since April 2013.

  • *CVR Refining said on Thursday that its 115,000- barrel-per-day Coffeyville, Kansas, refinery, which is a major consumer of West Texas Intermediate crude, could be down four weeks after a July 29 fire in the facility's isomerization unit.

  • BP CEO: Reduced exposure to Russia  Thursday, 31 Jul 2014 | 6:40 PM ET
    BP CEO Robert Dudley speaks during a plenary session at the 21st World Petroleum Congress in Moscow.

    Bob Dudley, BP CEO, discusses how geopolitics and sanctions on Russia impact business, with Mad Money host Jim Cramer.

  • *OPEC oil output rises in July from June- Reuters survey. NEW YORK, July 31- U.S. crude oil tumbled more than $2 on Thursday, going below $98 a barrel, hitting the lowest level since March on news of a potentially lengthy shutdown at a Kansas oil refinery, while Brent also slipped amid signs of robust OPEC oil production.

  • Summer gas price hikes take a holiday Thursday, 31 Jul 2014 | 4:15 PM ET

    The average price of gas posted the largest July decline in six years, according to the latest survey by AAA. Here's why.

  • *OPEC oil output rises in July from June- Reuters survey. NEW YORK, July 31- U.S. crude oil tumbled more than $2 on Thursday, going below $98 a barrel, hitting the lowest level since March on news of a potentially lengthy shutdown at a Kansas oil refinery, while Brent also slipped amid signs of robust OPEC oil production.

  • *OPEC oil output rises in July from June- Reuters survey. NEW YORK, July 31- U.S. crude oil tumbled to a more than four-month low under $100 a barrel on Thursday on news of a potentially lengthy shutdown at a key oil refinery in Kansas, while Brent also slipped amid signs of robust OPEC oil production.

  • CRUDE OIL FUTURES EXTEND LOSSES BY MORE THAN $2; HIT FOUR-MONTH INTRADAY LOW OF $98.24.

  • NEW YORK, July 31- U.S. crude oil futures plunged by nearly $2 and Brent crude oil futures fell by more than $1 per barrel on news that the 115,000- barrel-per-day Coffeyville, Kansas, refinery could be down for four weeks following a July 29 fire.

  • US oil shipment navigates around decades-old ban Thursday, 31 Jul 2014 | 12:49 PM ET
    The Overseas Santorini tanker sails under the Harbor Bridge into the Port of Corpus Christi in Corpus Christi, Texas.

    U.S. oil production continues to boom, and a loophole in a law has allowed the first export of unrefined American oil in decades.

  • July 31- Exxon Mobil Corp, the world's largest publicly traded oil company, reported a stronger-than-expected quarterly profit on Thursday as higher prices for its crude and natural gas offset a 6 percent drop in production.

  • July 31- Exxon Mobil Corp, the world's largest publicly traded oil company, on Thursday reported better-than-expected quarterly profit on Thursday on higher prices for crude and natural gas. The company said net income rose to $8.78 billion, or $2.05 per share, from $6.86 billion, or $1.55 per share, in the year-ago period.

  • ExxonMobil is 'free cash flow machine': Pro  Thursday, 31 Jul 2014 | 5:50 AM ET

    John Stephenson, president and CEO of Stephenson & Company Capital Management, discusses ExxonMobil ahead of earnings and says the results should be "pretty good".

  • *OPEC oil output rises in July from June- Reuters survey. LONDON, July 31- Brent crude slipped below $106 a barrel on Thursday as higher OPEC output and disappointing demand in the United States outweighed tensions in the Middle East, Africa and Ukraine.

  • *OPEC oil output rises in July from June- Reuters survey. SINGAPORE, July 31- Brent crude slipped towards $106 a barrel on Thursday and was set to post its biggest monthly loss in more than a year as higher OPEC output and disappointing demand in the United States outweighed tensions in the Middle East and Africa.

  • Brent slips toward $106 as US fuel demand disappoints Thursday, 31 Jul 2014 | 12:14 AM ET

    *OPEC oil output rises in July from June- Reuters survey. SINGAPORE, July 31- Brent crude slipped towards $106 a barrel on Thursday and was set to post its biggest monthly loss in more than a year as higher OPEC output and disappointing demand in the United States outweighed tensions in the Middle East and Africa.

  • US oil hammered to 4-month lows under $99 Thursday, 31 Jul 2014 | 2:40 PM ET

    U.S. crude tumbled to a more than 4-month low under $100 a barrel on news of a lengthy shutdown at a key oil refinery in Kansas.