Oil prices fell nearly 1 percent on Wednesday to hit the lowest level in 12 days on fears of a looming U.S. budget crisis and government data showing a healthy build in gasoline stockpiles.Oil markets, which have been closely tracking efforts by the U.S. Congress to avoid the "fiscal cliff" that could potentially cause a recession, gave up some early losses after U.S. House Speaker John Boehner voiced optimism that Republicans could broker a deal with the White House.Traders have been focussing on U.S. and global economic conditions amid concerns about struggling fuel demand. Additional pressure came from data from the U.S. Energy Information Administration, which showed a steep build in domestic gasoline stockpiles last week and weak consumption."Boehner said there was some progress in the talks, and I think the market has kind of rebounded with some of the new shorts covered," said Gene McGillian, analyst at Tradition Energy in Stamford, Connecticut.However, he added: "The build in g...
FBN's Ashley Webster breaks down the latest news from Cairo , Egypt where protests have begun to escalate.
Merk Investments President Axel Merk and FBN's Ashley Webster on the continued unrest in Egypt and the risks it could spread in the region.
FBN's Ashley Webster discusses the continuing protests in Egypt over the future of President Mubarak.
FBN's Connell McShane on protestors saying they will not leave until President Mubarak leaves office.
Deirdre Imus and FOX News legal analyst Lis Weihl sound off on the attack on news correspondent Lara Logan and whether women should be sent into combat zones.
Protests continue to intensify as Egyptians demand removal of Mubarak
First sign of significant violence erupts in Cairo
Panel discussses how future U.S.- Egypt relations will be impacted by Cairo protests
What role should the United States play?
Pandemonium in Tahrir Square following announcement from Egyptian vice president
Cairo residents clear up Tahrir Square
Four New York Times (NYSE:NYT) journalists who have been missing in Libya since being captured on Tuesday by forces loyal to Muammar al-Qaddafi will be released on F...
Brent crude oil futures fell to their lowest in more than a week on Wednesday on fears of a looming budget crisis in the United States, the world's top oil consumer....
Brent crude oil futures fell to their lowest in a week on Wednesday on fears of a looming budget crisis in the United States, the world's top oil consumer.Brent crud...
The year now ending could well be characterized as one in which a whole lot happened -- but not a lot got done.One need look no further than U.S. stock market for pr...
Fox News Middle East analyst Walid Phares on situation in Egypt
Tens of thousands protest against the ruling military council
I want to thank Hillary Clinton , who has traveled so much these last six months that she is approaching a new landmark – one million frequent flyer miles. I count o...
Atlas Foundation’s Executive VP Tom Palmer was in Tahrir Square during the Egyptian Revolution and gives his report on the future of liberty in the Arab world.