Oil prices fall to 3½-year lows...wholesale gas just above a buck

The fall to Tuesday's low of $46.82 a barrel from July's record high of $147.27 has prompted a dramatic drop in wholesale costs for oil products such as petrol and heating oil.

Oil Can Fall to $50-$60 if Credit Stays Tight

As with all bubbles, the oil (and all commodities) has burst. As a matter of fact, it burst on 7/15/08

It's still $3.89 a gallon here: Oil prices skid to 2008 low on falling demand

NEW YORK (AP) - Oil prices fell Wednesday, touching their lowest level this year,—as the government reported a huge spike in crude inventories while giving more evidence of dwindling demand. Light, sweet crude for November delivery was down $1.23 at $88.83 in afternoon trading …

Why is the Fed so worried about inflation?

CITGO Selects Pre-Integrated Triple Point and SAP Oil Trading, Risk Management and Logistics Software Solution

Westport, CT (PRWEB) January 25, 2008 - Triple Point Technology®, the leading global supplier of cross-industry commodity and energy trading, risk management and logistics software platforms,...