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Christopher Furlong/Getty Images
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OPEC Top Official Sees $110 A Barrel As Fair

VIENNA (AP) — OPEC's secretary general says oil prices could rise by about $25 from their present levels without threatening the world economy.

Crude prices have dropped steeply in recent months with the U

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Salah Malkawi/ Getty Images
Salah Malkawi/ Getty Images
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Oil Searches For Direction As OPEC Meets

The price of oil is struggling for direction as OPEC ministers debate how much oil to produce while global economic growth is slowing.

Benchmark crude rose 10 cents to $82.72 per barrel Thursday in New York

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Sean Gallup/Getty Images
Sean Gallup/Getty Images
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Merkel, Opposition Negotiating EU Growth Policy

BERLIN (AP) — German Chancellor Angela Merkel is holding talks with the country's opposition leaders to forge a compromise on proposals for a European growth initiative.

Her center-right government needs the support of opposition parties to secure a two-thirds majority for the EU's new treaty enshrining fiscal discipline in Parliament

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Sean Gallup/Getty Images
Sean Gallup/Getty Images
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Euro Falls As World Finance Leaders Discuss Europe

NEW YORK (AP) — The euro is falling against the dollar as leaders from the world's seven wealthiest nations discuss solutions to Europe's ongoing debt crisis.

The euro fell to $1.2435 in afternoon trading from $1

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Matt Cardy/Getty Images
Matt Cardy/Getty Images
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Queen’s Address To Cap Jubilee Celebrations

LONDON (AP) — Queen Elizabeth II will make a rare address to the nation at the conclusion of festivities marking her 60 years on the throne.

Buckingham Palace said Tuesday that the broadcast will be transmitted at 1700 GMT today in Britain and the Commonwealth

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Laurence Griffiths/Getty Images
Laurence Griffiths/Getty Images
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Putin Visits, Berlin, Paris Amid Divide Over Syria

BERLIN (AP) — Vladimir Putin can expect to face pressure from the leaders of Germany and France for a change of heart on Syria when he visits Berlin and Paris on Friday — but there's little sign that the Russian president is prepared to tighten the diplomatic screws on Bashar Assad

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Mario Tama/Getty Images
Mario Tama/Getty Images
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UN Aims To Triple Syria Observer Team

GENEVA (AP) — A spokesman for international Syria envoy Kofi Annan says the United Nations hopes to have 30 cease-fire monitors in the country next week.

Ahmad Fawzi says seven observers are already on the ground and another two will arrive on Monday

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Oil Rises On Strong Economic Reports In US, Europe

NEW YORK (AP) — Oil prices are rising on strong U.S. corporate earnings and promising economic signs in Europe.

Benchmark West Texas Intermediate crude added $1.59 to $104.52 per barrel in New York

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Mark Wilson/Getty Images
Mark Wilson/Getty Images
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Oil Prices Fall On Easing Tensions Over Iran

NEW YORK (AP) — Oil prices are falling as tensions eased over Iran's nuclear program.

Benchmark U.S. crude lost 60 cents to $102.23 per barrel in New York while Brent crude lost $2.01 to $119

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UN Strongly Condemns NKorea Rocket Launch

UNITED NATIONS (AP) — The U.N. Security Council is strongly condemning North Korea's rocket launch and warning it will take further action if it conducts another launch or a new nuclear test.

A presidential statement, approved by all 15 council members and read at a formal meeting Monday morning, said Friday's launch, as well as any future use of ballistic missile technology, is "a serious violation" of U

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