Crude prices sunk a little bit today, allowing Wall Street to make some minor gains.

The Russia-Georgia conflict could make some serious problems for oil trade.

Oil is still dropping to a new three month low in response to recent Iranian comments.

Iraq and China are set to sign a 1.7 billion dollar oil deal that was recently revived.

Cracking down on oil speculators might be tricky - check out the real deal on gas taxes.

This entry was posted on Monday, August 11th, 2008 at 12:33 pm and is filed under Daily News Post. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.