new oil

The president of oil producers' cartel Opec tells the BBC crude oil prices could rise still further this week.

The pursuit of new oil and gas reserves in Alaska is alarming local native tribes. But it isn't big oil companies that irked them this time.

Tribes in the Yukon Flats region, north of Fairbanks, are most concerned by their own native corporation, which is negotiating to swap land with oil and gas deposits on a wildlife refuge to a federal agency.