Oil, gas prices continue volatile run (Updated)?

Make Money Blog$/World oil prices were trading near some of their highest levels in almost three years as widespread combat continued in Libya, one of Africa's biggest crude producers, and worries continued about the spread of unrest in the Middle East. The severity of the effect of rising retail gasoline and diesel prices on U.S. consumers was increasing, both directly and indirectly, with the highest fuel costs ever recorded for this time of year.

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Oil Heads Higher, Markets Open Up ?

MAKE MONEY BLOG$/Oil edged higher in the futures markets Monday morning, with the U.S. benchmark West Texas Intermediate rising 1.5% to $105.93 per barrel, and Brent crude in Europe hitting $117.13, an increase of 1%.

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Oil prices 'craze' Again, Wall Street sinkhole ?

York - World oil prices 'crazy' again and immediately sparked a sell-off on Wall Street. Oil prices jumped again as a warming back in the Middle East, this time in Iran.

In Tehran, demonstrators clashed with Iranian forces in ademonstration protesting the government to demand the release oftwo jailed opposition leader. It directly adds to concerns of oil supplydai Middle East.

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