BBC NewsBP profits fall on low oil price - BBC NewsBBC NewsBP has reported a sharp fall in profits for the three months to the end of June as lower oil prices continue to hurt. Underlying replacement cost profit for the quarter was $1.31bn (£841m) compared …

The San Diego Union-TribuneOil Leak Caused Marine Jet Crash in Southern California - ABC NewsABC NewsAn oil leak caused a Marine fighter jet to crash in a Southern California neighborhood last year, setting several homes on fire and destroying the aircraft …

Crude oil is plunging ... again | WBFOWBFOA barrel of American crude is selling for less than $50 once again; a year ago the price was north of $90. The bear market for oil production is a reaction to an unexpected glut, Marketplace's Scott Tong says. …