World oil traded near $97 a barrel in Asia on Friday, its highest level in a month, following the assassination of Pakistani opposition leader Benazir Bhutto, dealers said. They…

Oil soared to record highs on Wednesday, drawing within a hair’s breadth of the milestone as the United States dollar plumbed new lows and the onset of cold weather stirred…

Oil prices jumped to fresh historic highs on Monday, breaching $93 for the first time on mounting concerns about tight energy supplies worldwide, analysts said. Investors pushed…