A Texas oil executive was sentenced Friday to two years in prison for approving the payment of millions of dollars in kickbacks to Saddam Hussein's Iraq regime so he could secure large oil shipments through a United Nations program. Full Article at MSNBC

Oil prices were slightly lower Friday, after jumping to a trading record near $106 a barrel in the previous session as the dollar's slide to new lows prompted investors to pump more money into commodities. Full Article at The Columbian

Oil prices jumped to a record above $106 Friday but extended their recent pattern of choppy trading after a weak jobs report ... Full Article at USA Today

Oil prices fell Friday as U.S. payroll figures seemed to offer further proof of an economic slowdown in the world's biggest oil consuming nation. Full Article at The Columbian

LONDON: Record-breaking oil prices spiked close to $106 today after the market was rattled by news of a small explosion in New York and following a surprise fall in US crude stockpiles. Full Article at Economic Times

SINGAPORE (AP) -- Oil prices steadied Thursday after rising to a trading record near $105 a barrel following a surprising drop in U.S. crude oil supplies. Oil prices slipped from Wednesday's record high during trading in Asian markets. Full Article at CNN

Oil prices reached a record close, surging above $104 a barrel after OPEC decided Wednesday to keep its production unchanged. The cartel ignored calls from President Bush to pump more oil into an ailing economy. Full Article at Austin American-Statesman

NEW YORK — Oil surged Wednesday, rising a remarkable $5 a barrel to a new record over $104 a barrel after the government reported a surprise drop in crude oil stockpiles and OPEC held production levels steady. Full Article at Huffington Post

By Peg Mackey and Barbara Lewis VIENNA - OPEC ministers on Wednesday agreed to keep output steady and said record high prices had been driven by factors that were beyond their control.U.S. crude hit a... Full Article at Malaysia Sun