Benchmark U.S. crude added $3.91, or 4.7 percent, to end at $87.66 per barrel in New York. That's the highest price since May 30.

The Energy Information Administration said oil supplies grew by 2.9 million barrels last week.

The price of oil dropped below $90 per barrel Wednesday, the latest milestone in a weekslong decline brought on by uncertainty surrounding economies from Europe to China.

Benchmark U.S. crude on Wednesday fell by $1.17 to finish at a seven-month low of $92.81 per barrel in New York.

The government on Tuesday slashed its forecast for average gas prices to $3.79 per gallon for the summer driving season. That's down from an initial estimate of $3.95 and below 2008's record ...

NEW YORK — The price of oil hit its lowest level of the year Monday after election results in Europe appeared to jeopardize the region’s plan for recovery.

Gasoline prices have dropped 6 cents over two weeks to a national average on Friday of $3.88. Experts say gasoline could fall another nickel or more next week.

Natural gas futures on Thursday gave up 5.2 cents, or 2.4 percent, to finish at $2.089 per 1,000 cubic feet in New York. That's the lowest price in more than a decade.

The average price for a gallon of gasoline rose a nickel over the weekend and is now $3.80 per gallon. That more than wiped out the penny decline seen last Tuesday through Thursday.

Oil prices took a breather Monday, falling slightly as investors booked profits after a surge. But retail gasoline prices continued to climb, adding five cents over the weekend.

NEW YORK - For the first time, the top export of the United States, the world's biggest gas guzzler, is - wait for it - fuel.

NEW YORK --- Homeowners who waited until this year to install rooftop solar panels and take advantage of a hefty new government subsidy might not get the payback they anticipated.