Topic: Oil

This Memorial Day weekend, motorists will find gasoline plentiful and at the lowest price it’s been for two years. Good news. And it may get better. The Christian Science Monitor reports.

Crude oil futures rebounded on Thursday from the previous session's slump as talks between world powers and Iran over its nuclear program hit a snag and resurrected fears of disruptions to oil supplies and of a new Mideast conflict.

Oil fell on Wednesday as signs of a looming deal between Iran and the UN nuclear watchdog eased fears of a supply disruption, while the euro zone debt crisis and a slowing Chinese economy raised worries over demand.

Oil prices fell on Tuesday as signs of a deal between the U.N. nuclear watchdog and Iran on Tehran's nuclear program eased fears of oil supply disruptions.

Oil prices rose on Monday after China's premier called for more efforts to stimulate growth and as investors cautiously awaited results of Iran's second round of talks with major powers over its nuclear program.

Amr Moussa, one of Egypt’s top presidential candidates, has reiterated his belief in free markets and told CNBC in an interview on Tuesday that the country needed to “open up”.

A preliminary count of votes for Egyptians living abroad has put Islamist candidate Abdul-Moneim Aboul-Fotouh in the lead, followed by left-leaning Hamdeen Sabahi .

Brent crude dipped on Friday in choppy trading after recovering from a 2012 low as the euro rallied from a four-month low, but oil fell as Greece's political turmoil kept concerns about the euro zone in focus.

Oil fell on Thursday, touching the lowest level since December, as investors avoided bets on riskier assets with the turmoil in Greece deepening and fears rising of contagion spreading to other euro zone economies.

Crude oil futures tumbled on Wednesday as banking troubles in Greece further highlighted the euro zone debt crisis, pulling U.S. equities lower as risk aversion hit across markets.

Oil prices slid with world shares and the euro on Wednesday as investors fretted about ths political situation in Greece and fled from riskier assets.

Shares fell on Tuesday as investors liquidated riskier assets and sought refuge from the political turmoil fuelling fears of Greece's exit from the euro and threatening to ruin any progress made so far to solve the euro zone debt crisis.

The price of oil fell to its low for the year on continued doubts about some European countries ability to pay off massive government debts.

Qatar is continuing its overseas buying spree, snapping up a stake in Royal Dutch Shell and reportedly also eyeing a chunk of Italian oil major Eni.

Oil pared losses and seesawed near flat on Friday as an unexpectedly strong U.S. consumer sentiment reading helped counter weak Chinese industrial growth data.