Oil Hits New Record, Then Reverses

Crude oil futures swung wildly on Monday, rising to a record and then tumbling as investors wres...  More »

Crude oil futures swung wildly on Monday, rising to a record and then tumbling as investors wrestled with whether they should put stock in Saudi Arabia's promise to boost production. Retail gas prices rose to a record $4.08 a gallon. (June 16)  « Less