Commodities

Oil falls 2%, weighed by ample OPEC supply

Oil dropped about 2 percent from a two-month high on Tuesday as major world oil producers kept pumping out supply, causing investors to worry that several weeks of steady gains had pushed the rally too far, too fast.

Business Highlights

___ AP Analysis: Most automakers slow to fix dangerous air bags DETROIT (AP) — A government effort to speed up recalls of more than 21 million of the most dangerous Takata air bag inflators is falling short, according to an analysis of completion rates by The Associated Press.

Business Highlights

___ AP Analysis: Most automakers slow to fix dangerous air bags DETROIT (AP) — A government effort to speed up recalls of more than 21 million of the most dangerous Takata air bag inflators is falling short, according to an analysis of completion rates by The Associated Press.

Oil near two-month high as producers set to meet again

Oil prices were near two-month highs on Monday, putting July on track to become the strongest month so far this year, as news of a producers' meeting next week added to bullish sentiment driven by the threat of U.S. sanctions against OPEC-member Venezuela.

Oil near two-month high as producers set to meet again

Oil prices were near two-month highs on Monday, putting July on track to become the strongest month so far this year, as news of a producers' meeting next week added to bullish sentiment driven by the threat of U.S. sanctions against OPEC-member Venezuela.