Oil

Oil prices fell on Tuesday, extending the prior session's heavy sell-off as the dollar rose more and as signs of weaker petroleum demand in China weighed the market down for a second day.

Oil prices tumbled 2 percent on Monday in volatile trade, as the dollar strengthened and China posted weak domestic demand data, sinking prices that had gotten a short-lived boost on concerns about potential reductions in crude supply from Libya.

Oil prices tumbled 2 percent on Monday in volatile trade, as the dollar strengthened and China posted weak domestic demand data, sinking prices that had gotten a short-lived boost on concerns about potential reductions in crude supply from Libya.

Oil prices fell slightly on Friday after the International Energy Agency said weak OPEC compliance with production cuts was prolonging a rebalancing of the market despite strong demand growth.

Oil prices fell slightly on Friday after the International Energy Agency said weak OPEC compliance with production cuts was prolonging a rebalancing of the market despite strong demand growth.

Higher oil prices and late-summer demand are driving pump prices higher.

Higher oil prices and late-summer demand are driving pump prices higher.

World oil demand will grow more than expected this year, helping to ease a global glut despite rising production from North America and weak OPEC compliance with output cuts.

Oil prices fell more than 1.5 percent on Thursday, as a bruising day on Wall Street bolstered fears of slowing demand amid lingering concerns over a global oversupply of crude.

Oil prices fell more than 1.5 percent on Thursday, as a bruising day on Wall Street bolstered fears of slowing demand amid lingering concerns over a global oversupply of crude.

TALLAHASSEE, Fla. (AP) — Authorities across the United States are increasingly trying to combat a black market for fuel stolen with credit card numbers taken from unsuspecting gas station customers.

TALLAHASSEE, Fla. (AP) — Authorities across the United States are increasingly trying to combat a black market for fuel stolen with credit card numbers taken from unsuspecting gas station customers.

OPEC forecast higher demand for its crude oil in 2018 due to rising global consumption and slower supply growth from rivals.

OPEC forecast higher demand for its crude oil in 2018 due to rising global consumption and slower supply growth from rivals.

Oil prices were about 1 percent higher on Wednesday after a report showed U.S. refineries processed record amounts of crude in the latest week, eating into inventories, although a surprise jump in gasoline stockpiles limited price gains.

Oil prices were about 1 percent higher on Wednesday after a report showed U.S. refineries processed record amounts of crude in the latest week, eating into inventories, although a surprise jump in gasoline stockpiles limited price gains.

Oil prices fell on Tuesday, pulling back from recent gains as exports from key OPEC producers rose and despite news of lower crude shipments from Saudi Arabia.

Gasoline prices have reached a two-month high as the summer driving season kicks into high gear.

Gasoline prices have reached a two-month high as the summer driving season kicks into high gear.

Oil prices fell as much as 2 percent on Monday on selling triggered by a rebound in production from Libya's largest oil field along with worries about higher output from OPEC and the United States.