Video - Business Update: Oil price will rise

The International Energy Agency's 2009 outlook forecasts oil prices to soar to 100 dollars a barrel by 2020, while delay in tackling global warming could cost 500 billion dollars a year.

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Video: 10/16 Oil Prices Rally Again, Another 2009 High

10/16/09 Front month crude prices rose again this session as a rise in retail gasoline prices spurred crude to touch its highest level for the year again.

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Video: 07/06 Energy Demand Concerns Weaken Oil Prices

07/06/09 Continued worry over energy demand has led the way for oil prices to start a new trading week by sliding about 2.5% this session.

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Video: 06/10 Oil Prices Rise Above $71, Highest In '09

06/10/09 Oil prices traded at an annual high this session above $71 to reach its highest level in 2009.

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Video: 06/01 Oil Prices Trade At Yearly Highs

06/01/09 Oil prices rose to their highest levels of the year as a gain in equity markets led the way for a surge in crude prices to start the week.

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Video: 05/28 Oil Prices Touch Above $65

05/28/09 Oil prices rose again this session as a decline in inventories and no change in OPEC oil production figures led the way for higher prices.

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Video: 05/20 Oil Prices Settle At Highest For The Year

05/20/09 A fall in stockpiles for last week and anticipation for the upcoming memorial day weekend holiday led the way for crude prices to rise above $60 and settle at its highest price all year.

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Video: Oil on the rise

Oil prices jump after new data shows supplies unexpectedly dropped.

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Video: 05/01 Oil Prices Jump On Economy Optimism

05/01/09 Oil prices rose once again this past trading session as global economic optimism continues to outweight lackluster economic data.

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Video - Davos 2009: Weak crude demand

The head of the International Energy Agency, Nobuo Tanaka, discusses the outlook for oil demand amid the global economic downturn.

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Video: Oil Prices Close The Week Out Higher

01/23/09 Oil prices managed to rise yet again this past volatile trading session as inflation worries rallied the commodity exchange.

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Video: EIA Inventory Data Turns Oil Markets Volatile

01/22/09 Another increase in crude inventories led the way for yet another volatile trading session at the NYMEX as oil prices managed to settle in above $43 a barrel this session.

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Video: Oil Prices Soar Alongside Wall Street Gains

01/21/09 Oil prices jumped this past trading session led by a rebound on Wall Street as the March crude contract became the front month.

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Video: February Crude Contracts Close Out Below $39

01/20/09 On the day of Barack Obama's presidential inauguration and the final day of February trading as the front month for crude contracts, oil prices managed to close out the session and contract just below $39 a barrel.

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Video - Business Update: Dems plan $825b fix

House Democrats are working on a bill that provides $825 billion in tax cuts and spending to revitalize the sagging American economy. The Dow broke a seven-day losing streak, gaining 12 points to 8,212. The S&P 500 rose a point to 843. The Nasdaq jumped 22 points to 1,511. Crude oil closed down above $35 a barrel. Conway Gittens reports from New York.

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Video: Schlumberger Cuts Workers As Oil Demand & Prices Slide

01/09/09 The world's largest oil field services provider Schlumberger (SBL) announced today that it will cut about 5% of its workforce as low oil prices and demand has hurt their services.

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Video: Oil Prices Falter Yet Again

01/08/09 Oil prices managed to slide for a second consecutive day as energy demand concerns and poor US economic data continued to weigh in on the energy markets.

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Video: Oil Prices Plummet 12%

01/07/09 Oil prices reversed all recent gains this week as today, front month crude prices managed to drastically drop 12% on an unexpected gain in crude stockpiles for last week.

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Video: Oil Prices Rise Above $50, Then Fall

01/06/09 Continued unrest in the Middle East once again led to a boost in crude prices earlier in the day, but the release of further poor US economic managed to halt the crude rally and sent oil prices back down at the end of the day.

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Video: Oil Prices Start The New Year Above $46

01/02/09 Despite being the one year anniversary of crude prices hitting $100 for the first time ever, this session ushered in a new year and new understanding to the energy markets as crude settled just above $46 today.

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