Total reaps benefit of oil price
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French oil giant Total reports a record 12.58bn euros net profit in 2006 but fourth quarter earnings slip as oil prices fall.
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Oil prices extended gains over &#36;71 on  Friday, buoyed by healthy U.S. economic growth that hinted  recent record prices may not hit robust demand.
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Oil prices rebounded to $54 a barrel  on Thursday ahead of U.S. inventory data expected to show tight  heating fuel stocks ahead of winter.
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When it comes to the price of oil, there is no shortage of ways to calculate the all-time record price.
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Oil prices settled just below $57 a barrel yesterday -- a gain of almost $3 -- and natural gas soared more than 11 percent on expectations of more Arctic weather in the United States.
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U.S. crude oil climbed above $60 a barrel  for the first time in a month on Friday, extending a gain of $2  a day earlier, amid signs of falling crude exports from  producer group OPEC.
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Record oil prices helped Chevron offset losses at its refining unit and a slight fall in energy production last year.
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Oil rose nearly $1 to above $62 a barrel on Thursday after OPEC decided to cut its output by 2 percent starting in February.
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U.S. crude oil climbed above $60 a barrel for the first time in a month on Friday, extending a gain of $2 a day earlier, amid signs of falling crude exports from producer group OPEC.
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The price of oil rebounds despite data showing that US crude oil stocks have risen.
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Oil prices surged to a new high above  $47 a barrel Wednesday on evidence from major economies that  energy costs are not substantially slowing the economic growth  that fuels oil demand.
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Oil picked up over $63 a barrel on  Monday as two OPEC members trimmed production in an effort to  tighten swollen supplies and halt a slide in prices.
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Oil companies' shares got a modest boost as crude oil prices touched a record $100 per barrel on Wednesday, but some analysts do not expect that to trigger a rally in energy's biggest names.
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GLOBAL oil prices continued to climb yesterday, recovering from a prolonged fall earlier in the day, as the US hinted that it might lend oil from its Strategic Petroleum Reserve to offset a short-term disruption to imports.
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Crude oil prices are back above the $47 a barrel mark after an energy market watchdog raised its forecasts for global demand.
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SINGAPORE/LONDON  - Oil rose above $61 on   Wednesday as dealers balanced signs that producer group OPEC   may take action to stem tumbling prices against forecasts for a   rise in U.S. winter fuel stocks.
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The US oil giant got a good price, Russia&#39;s No. 1 oil company acquired a savvy partner, and Putin polished Russia&#39;s image.