Clifford Krauss Nyt News Service

Oil prices jumped for a second day Friday, sending the U.S. benchmark past $45 a barrel, a gain of 17 percent in only two days.

A day after he came under relentless attack at a Congressional hearing, BP chief executive Tony Hayward  was displaced as the man in charge of the company's response to the spill. "It is clear Tony has made remarks that have upset people," Carl-Henric Svanberg, the chairman of BP's board of directors, told the British television network Sky Ne...

The Obama administration scrambled to respond on Sunday after the failure of the latest effort to kill the gushing oil well in the Gulf of Mexico. But administration officials acknowledged the possibility that tens of thousands of gallons of oil might continue pouring out until August, when two relief wells are scheduled to be completed. "We are pr...

The procedure involves pumping thousands of pounds of heavy fluids into a five-story stack of pipes in an effort to clog the well and stop the torrent of oil.

Oil prices jumped for a second day Friday, sending the U.S. benchmark past $45 a barrel, a gain of 17 percent in only two days.

A day after he came under relentless attack at a Congressional hearing, BP chief executive Tony Hayward  was displaced as the man in charge of the company's response to the spill. "It is clear Tony has made remarks that have upset people," Carl-Henric Svanberg, the chairman of BP's board of directors, told the British television network Sky Ne...

The Obama administration scrambled to respond on Sunday after the failure of the latest effort to kill the gushing oil well in the Gulf of Mexico. But administration officials acknowledged the possibility that tens of thousands of gallons of oil might continue pouring out until August, when two relief wells are scheduled to be completed. "We are pr...

The procedure involves pumping thousands of pounds of heavy fluids into a five-story stack of pipes in an effort to clog the well and stop the torrent of oil.