STORY: Iraq has declared force majeure on all oilfields developed by foreign oil companies according to three energy officials with direct knowledge of the decision.It comes after military o... Read more

Rising gas prices drive more people to Costco for cheaper fuel. But the real benefit to the retailer is the additional sales that come from the accompanying in-store traffic boost. With the... Read more

With its stone cottages, Victorian church and cosy pub, Marston Meysey (population 220) is a village on the egde of the Cotswolds with a quaint charm and laid-back air. It’s the kind of plac... Read more

Brett Arends is an award-winning financial writer with many years experience writing about markets, economics and personal finance. He has received an individual award from the Society of Am... Read more

Cars lined up for blocks at Irving Reingold’s new 24-pump mega-station in the summer of 1950, drawn to Paramus by gas prices few other New Jersey stations could match. Just a year earlier, R... Read more

Brent oil prices could surge past their record high if crude flows remain depressed for a long period due to the U.S. war with Iran, Goldman Sachs analysts warned this week. “Brent is... Read more

Costco gas stations’ lower prices could boost its business as cash-strapped consumers confront surging energy prices, according to analysts at Gordon Haskett. The research firm found t... Read more