Brent crude held above $111 a barrel on Tuesday, close to a three-month high hit in the previous session, as strong economic data boosted the demand outlook and outages in Libya maintained concerns about supply.Brent prices rose almost 2 percent on Monday after data showed U.S. factory activity expanded last month at its fastest pace in 2-1/2 years. That came after a report showing that manufacturing growth in China, the world's No. 2 oil consumer, hit an 18-month high in November."For the global economy as a whole, the consensus is that things are looking up and global manufacturing activity is expanding at its fastest pace since mid-2011," said David Hufton, managing director of London brokerage PVM Oil Associates."Signs of economic expansion are good for oil demand."Brent crude for January delivery was down 11 cents at $111.34 a barrel at 1236 GMT, after touching $112.34 a barrel in the previous session, the highest since Sept. 13.U.S. crude, also known as West Texas Intermediate or...
Jennifer Griffin reports
Jennifer Griffin reports
NATO member Turkey has chosen a Chinese defense firm that has been hit by U.S. sanctions to co-produce a $4 billion long-range air and missile defense system, reject...
Eric Shawn reports from the United Nations
Oil held near $109 a barrel on Friday and was heading for a weekly drop on the return of some Libyan output, a reduced prospect of military action against Syria and ...
Brian Kilmeade and Lt. Col. Oliver North
Middle East Scholar Juan Cole on who the rebels are aligned with and whether cruise missiles will actually do any good.
View from the front lines of Syria's civil war
Jacob Shapiro from Stratfor says there are forces pushing on both sides and the importance on looking strong and following through
Does the administration's approach pass or fail?
Fox News Senior Correspondent Eric Shawn breaks down the deal with Iran .
Brent crude fell by as much as $3 a barrel on Monday, before paring losses, as a breakthrough nuclear deal between world powers and Iran over the weekend led to expe...
Precious metals tumbled on Friday, with gold sliding the most in one day since Oct. 17, as surprisingly strong U.S. employment data lifted the dollar.Oil rose as tra...
Brent oil rose by nearly $2 per barrel on Friday as traders covered short positions going into the weekend and kept a close watch over a meeting between Western powe...
James Rosen reports
Rick Leventhal reports from New York City
Protesters hit the streets as trial begins