Oil Industry on Yahoo! News Photos

An oil tanker nears the Trans-Alaska Pipeline Marine Terminal ...

(Reuters) — Thu, 21 Aug 2008 19:59:53 GMT

(Reuters) - An oil tanker nears the Trans-Alaska Pipeline Marine Terminal in Valdez, Alaska, August, 9 2008. (Lucas Jackson/Reuters)

In this undated photo released by Ascanio Rincon, a fossil of ...

(AP) — Thu, 21 Aug 2008 17:00:47 GMT

(AP) - In this undated photo released by Ascanio Rincon, a fossil of a type of saber-toothed cat is seen. An ancient tar pit exposed when state oil workers laid a pipeline has yielded a rich trove of fossils, including a type of saber-toothed cat that paleontologists never found in South America before, and scientists say it holds the promise of many discoveries to come.(AP Photo/Ascanio Rincon)

The "flare fire" burns at the Basra oil refinery, ...

(AFP/File) — Wed, 20 Aug 2008 09:48:16 GMT

(AFP/File) - The "flare fire" burns at the Basra oil refinery, 2003. Oil prices extended recent gains, with New York crude climbing above 115 dollars a barrel, on prospects of a possible cut to OPEC production.(AFP/File/Tim Sloan)

A Venezuelan oil tanker docked in the port of Puerto Cortes ...

(AFP/File) — Wed, 20 Aug 2008 07:05:20 GMT

(AFP/File) - A Venezuelan oil tanker docked in the port of Puerto Cortes in Honduras in early June. World oil prices have risen in Asian trade on fresh supply concerns after key producer Venezuela indicated it could ask OPEC to cut output(AFP/File/Orlando Sierra)

Venezuela's Energy and Oil Minister Rafael Ramirez, pictured ...

(AFP/File) — Wed, 20 Aug 2008 07:05:20 GMT

(AFP/File) - Venezuela's Energy and Oil Minister Rafael Ramirez, pictured in February 2008. World oil prices have risen in Asian trade on fresh supply concerns after the key producer indicated it could ask OPEC to cut output(AFP/File/Juan Barreto)

Oil rigs in Taft, California, July 2008. Oil prices rose sharply ...

(AFP/Getty Images/File) — Tue, 19 Aug 2008 19:43:54 GMT

(AFP/Getty Images/File) - Oil rigs in Taft, California, July 2008. Oil prices rose sharply on Tuesday after OPEC member Venezuela, concerned about recent lower prices, said it would ask the cartel to agree to a cut in output when it next meets in September.(AFP/Getty Images/File/David McNew)

Venezuela will propose production cuts at the next OPEC meeting ...

(AFP) — Tue, 19 Aug 2008 18:51:28 GMT

(AFP) - Venezuela will propose production cuts at the next OPEC meeting in September if oil prices continue to fall, Energy and Petroleum Minister Rafael Ramirez, pictured in February 2008, said Tuesday.(AFP/Juan Barreto)

A gendarme stands as municipal workers cover the site of a suicide ...

(Reuters) — Tue, 19 Aug 2008 14:30:43 GMT

(Reuters) - A gendarme stands as municipal workers cover the site of a suicide bomb attack in Issers, 55 km (34 miles) east of Algiers, August 19, 2008. A bomb attack east of Algiers killed 43 people and wounded 38 on Tuesday, the Algerian interior ministry said, in one of the bloodiest incidents in years in the OPEC member state. A ministry statement carried by the official APS news agency said the attack targeted a paramilitary gendarmerie training school at Issers. The bombing follows several recent attacks by al Qaeda's north African wing, but there was no immediate claim of responsibility .REUTERS/Zohra Bensemra(ALGERIA)

A view from a damaged house in front of the site of a suicide ...

(Reuters) — Tue, 19 Aug 2008 14:26:43 GMT

(Reuters) - A view from a damaged house in front of the site of a suicide bomb attack in Issers, 55 km (34 miles) east of Algiers, August 19, 2008. A bomb attack east of Algiers killed 43 people and wounded 38 on Tuesday, the Algerian interior ministry said, in one of the bloodiest incidents in years in the OPEC member state. A ministry statement carried by the official APS news agency said the attack targeted a paramilitary gendarmerie training school at Issers. The bombing follows several recent attacks by al Qaeda's north African wing, but there was no immediate claim of responsibility. REUTERS/Zohra Bensemra(ALGERIA)

A rescuer inspects a damaged house near the site of a suicide ...

(Reuters) — Tue, 19 Aug 2008 14:22:54 GMT

(Reuters) - A rescuer inspects a damaged house near the site of a suicide bomb attack in Issers, 55 km (34 miles) east of Algiers, August 19, 2008. A bomb attack east of Algiers killed 43 people and wounded 38 on Tuesday, the Algerian interior ministry said, in one of the bloodiest incidents in years in the OPEC member state. A ministry statement carried by the official APS news agency said the attack targeted a paramilitary gendarmerie training school at Issers. The bombing follows several recent attacks by al Qaeda's north African wing, but there was no immediate claim of responsibility. REUTERS/Zohra Bensemra(ALGERIA)

Traffic stands congested on the exit of the Delhi- Gurgaon expressway, ...

(AP) — Tue, 19 Aug 2008 14:19:23 GMT

(AP) - Traffic stands congested on the exit of the Delhi- Gurgaon expressway, in New Delhi, India, Tuesday, Aug. 19, 2008. The world's thirst for oil is expected to decline next year by OPEC. As high energy costs force countries around the globe to cut back on consumption, crude prices have plummeted and are now within striking distance of $100 a barrel, a level first reached Feb. 19.(AP Photo/Gurinder Osan)

Rescuers clear the site of a suicide bomb attack in Issers, ...

(Reuters) — Tue, 19 Aug 2008 14:15:37 GMT

(Reuters) - Rescuers clear the site of a suicide bomb attack in Issers, 55 km (34 miles) east of Algiers, August 19, 2008. A bomb attack east of Algiers killed 43 people and wounded 38 on Tuesday, the Algerian interior ministry said, in one of the bloodiest incidents in years in the OPEC member state. A ministry statement carried by the official APS news agency said the attack targeted a paramilitary gendarmerie training school at Issers. The bombing follows several recent attacks by al Qaeda's north African wing, but there was no immediate claim of responsibility. REUTERS/Zohra Bensemra(ALGERIA)

A gendarme walks at the site of a suicide bomb attack in Issers, ...

(Reuters) — Tue, 19 Aug 2008 14:06:18 GMT

(Reuters) - A gendarme walks at the site of a suicide bomb attack in Issers, 55 km (34 miles) east of Algiers, August 19, 2008. A bomb attack east of Algiers killed 43 people and wounded 38 on Tuesday, the Algerian interior ministry said, in one of the bloodiest incidents in years in the OPEC member state. A ministry statement carried by the official APS news agency said the attack targeted a paramilitary gendarmerie training school at Issers. The bombing follows several recent attacks by al Qaeda's north African wing, but there was no immediate claim of responsibility. REUTERS/Zohra Bensemra(ALGERIA)

An Algerian soldier (L) and gendarmes stand at the site of a ...

(Reuters) — Tue, 19 Aug 2008 13:57:43 GMT

(Reuters) - An Algerian soldier (L) and gendarmes stand at the site of a suicide bomb attack in Issers, 55 km (34 miles) east of Algiers, August 19, 2008. A bomb attack east of Algiers killed 43 people and wounded 38 on Tuesday, the Algerian interior ministry said, in one of the bloodiest incidents in years in the OPEC member state. A ministry statement carried by the official APS news agency said the attack targeted a paramilitary gendarmerie training school at Issers. The bombing follows several recent attacks by al Qaeda's north African wing, but there was no immediate claim of responsibility. REUTERS/Zohra Bensemra(ALGERIA)

A bomb attack east of Algiers on Tuesday killed 43 people and ...

(Reuters) — Tue, 19 Aug 2008 13:53:21 GMT

(Reuters) - A bomb attack east of Algiers on Tuesday killed 43 people and wounded 38, the Algerian interior ministry said, in one of the bloodiest incidents in years in the OPEC member state. (Graphics/Reuters)

A truck transporting the wreckage of a car moves past a damaged ...

(Reuters) — Tue, 19 Aug 2008 13:42:51 GMT

(Reuters) - A truck transporting the wreckage of a car moves past a damaged house at the site of a suicide bomb attack in Issers, 55 km (34 miles) east of Algiers, August 19, 2008. A bomb attack east of Algiers killed 43 people and wounded 38 on Tuesday, the Algerian interior ministry said, in one of the bloodiest incidents in years in the OPEC member state. A ministry statement carried by the official APS news agency said the attack targeted a paramilitary gendarmerie training school at Issers. The bombing follows several recent attacks by al Qaeda's north African wing, but there was no immediate claim of responsibility. REUTERS/Zohra Bensemra(ALGERIA)

Rescuers collect remains at the site of a suicide bomb attack ...

(Reuters) — Tue, 19 Aug 2008 13:38:09 GMT

(Reuters) - Rescuers collect remains at the site of a suicide bomb attack in Issers, 55 km (34 miles) east of Algiers, August 19, 2008. A bomb attack east of Algiers killed 43 people and wounded 38 on Tuesday, the Algerian interior ministry said, in one of the bloodiest incidents in years in the OPEC member state. A ministry statement carried by the official APS news agency said the attack targeted a paramilitary gendarmerie training school at Issers. The bombing follows several recent attacks by al Qaeda's north African wing, but there was no immediate claim of responsibility. REUTERS/Zohra Bensemra(ALGERIA)

A rescuer inspects a damaged house near the site of a suicide ...

(Reuters) — Tue, 19 Aug 2008 13:29:53 GMT

(Reuters) - A rescuer inspects a damaged house near the site of a suicide bomb attack attack in Issers, 55 km (34 miles) east of Algiers, August 19, 2008. A bomb attack east of Algiers killed 43 people and wounded 38 on Tuesday, the Algerian interior ministry said, in one of the bloodiest incidents in years in the OPEC member state. A ministry statement carried by the official APS news agency said the attack targeted a paramilitary gendarmerie training school at Issers. The bombing follows several recent attacks by al Qaeda's north African wing, but there was no immediate claim of responsibility. REUTERS/Zohra Bensemra(ALGERIA)

An ambulance parked next to a damaged bus is seen at the site ...

(Reuters) — Tue, 19 Aug 2008 13:24:57 GMT

(Reuters) - An ambulance parked next to a damaged bus is seen at the site of a suicide bomb attack in Issers, 55 km (34 miles) east of Algiers, August 19, 2008. A bomb attack east of Algiers killed 43 people and wounded 38 on Tuesday, the Algerian interior ministry said, in one of the bloodiest incidents in years in the OPEC member state. A ministry statement carried by the official APS news agency said the attack targeted a paramilitary gendarmerie training school at Issers. The bombing follows several recent attacks by al Qaeda's north African wing, but there was no immediate claim of responsibility. REUTERS/Zohra Bensemra(ALGERIA)

Algerian soldiers walks by an ambulance at the site of a suicide ...

(Reuters) — Tue, 19 Aug 2008 13:20:53 GMT

(Reuters) - Algerian soldiers walks by an ambulance at the site of a suicide bomb attack in Issers, 55 km (34 miles) east of Algiers, August 19, 2008. A bomb attack east of Algiers killed 43 people and wounded 38 on Tuesday, the Algerian interior ministry said, in one of the bloodiest incidents in years in the OPEC member state. A ministry statement carried by the official APS news agency said the attack targeted a paramilitary gendarmerie training school at Issers. The bombing follows several recent attacks by al Qaeda's north African wing, but there was no immediate claim of responsibility. REUTERS/Zohra Bensemra(ALGERIA)

A gendarme inspects the site of a suicide bomb attack in Issers, ...

(Reuters) — Tue, 19 Aug 2008 13:16:21 GMT

(Reuters) - A gendarme inspects the site of a suicide bomb attack in Issers, 55 km (34 miles) east of Algiers, August 19, 2008. A bomb attack east of Algiers killed 43 people and wounded 38 on Tuesday, the Algerian interior ministry said, in one of the bloodiest incidents in years in the OPEC member state. A ministry statement carried by the official APS news agency said the attack targeted a paramilitary gendarmerie training school at Issers. The bombing follows several recent attacks by al Qaeda's north African wing, but there was no immediate claim of responsibility. REUTERS/Zohra Bensemra(ALGERIA)

A gendarme inspects the site of a suicide bomb attack in Issers, ...

(Reuters) — Tue, 19 Aug 2008 12:52:17 GMT

(Reuters) - A gendarme inspects the site of a suicide bomb attack in Issers, 55 km (34 miles) east of Algiers, August 19, 2008. A bomb attack east of Algiers killed 43 people and wounded 38 on Tuesday, the Algerian interior ministry said, in one of the bloodiest incidents in years in the OPEC member state. A ministry statement carried by the official APS news agency, said the attack targeted a paramilitary gendarmerie training school at Issers. There was no immediate claim of responsibility. REUTERS/Zohra Bensemra(ALGERIA)

A gendarme stands at the site of a suicide bomb attack in Issers, ...

(Reuters) — Tue, 19 Aug 2008 12:49:52 GMT

(Reuters) - A gendarme stands at the site of a suicide bomb attack in Issers, 55 km (34 miles) east of Algiers, August 19, 2008. A bomb attack east of Algiers killed 43 people and wounded 38 on Tuesday, the Algerian interior ministry said, in one of the bloodiest incidents in years in the OPEC member state. A ministry statement carried by the official APS news agency, said the attack targeted a paramilitary gendarmerie training school at Issers. There was no immediate claim of responsibility. REUTERS/Zohra Bensemra(ALGERIA)

Gendarmes stand at the site of a suicide bomb attack in Issers, ...

(Reuters) — Tue, 19 Aug 2008 12:49:30 GMT

(Reuters) - Gendarmes stand at the site of a suicide bomb attack in Issers, 55 km (34 miles) east of Algiers, August 19, 2008. A bomb attack east of Algiers killed 43 people and wounded 38 on Tuesday, the Algerian interior ministry said, in one of the bloodiest incidents in years in the OPEC member state. A ministry statement carried by the official APS news agency, said the attack targeted a paramilitary gendarmerie training school at Issers. There was no immediate claim of responsibility. REUTERS/Zohra Bensemra(ALGERIA)

A rescuer clears the site of a suicide bomb attack attack in ...

(Reuters) — Tue, 19 Aug 2008 12:46:55 GMT

(Reuters) - A rescuer clears the site of a suicide bomb attack attack in Issers, 55 km (34 miles) east of Algiers, August 19, 2008. A bomb attack east of Algiers killed 43 people and wounded 38 on Tuesday, the Algerian interior ministry said, in one of the bloodiest incidents in years in the OPEC member state. A ministry statement carried by the official APS news agency, said the attack targeted a paramilitary gendarmerie training school at Issers. There was no immediate claim of responsibility. REUTERS/Zohra Bensemra (ALGERIA)

Clothes and shoes of victims are seen at the site of a suicide ...

(Reuters) — Tue, 19 Aug 2008 12:41:53 GMT

(Reuters) - Clothes and shoes of victims are seen at the site of a suicide bomb attack in Issers, 55 km (34 miles) east of Algiers, August 19, 2008. A bomb attack east of Algiers killed 43 people and wounded 38 on Tuesday, the Algerian interior ministry said, in one of the bloodiest incidents in years in the OPEC member state. A ministry statement carried by the official APS news agency, said the attack targeted a paramilitary gendarmerie training school at Issers. There was no immediate claim of responsibility. REUTERS/Zohra Bensemra(ALGERIA)

A rescuer clears the site of a suicide bomb attack in Issers, ...

(Reuters) — Tue, 19 Aug 2008 12:26:28 GMT

(Reuters) - A rescuer clears the site of a suicide bomb attack in Issers, 55 km (34 miles) east of Algiers, August 19, 2008. A bomb attack east of Algiers killed 43 people and wounded 38 on Tuesday, the Algerian interior ministry said, in one of the bloodiest incidents in years in the OPEC member state. A ministry statement carried by the official APS news agency, said the attack targeted a paramilitary gendarmerie training school at Issers. There was no immediate claim of responsibility. REUTERS/Zohra Bensemra(ALGERIA)

A rescuer clears the site of a suicide car bomb attack in Issers, ...

(Reuters) — Tue, 19 Aug 2008 12:24:44 GMT

(Reuters) - A rescuer clears the site of a suicide car bomb attack in Issers, 55 km (34 miles) east of Algiers, August 19, 2008. A bomb attack east of Algiers killed 43 people and wounded 38 on Tuesday, the Algerian interior ministry said, in one of the bloodiest incidents in years in the OPEC member state. A ministry statement carried by the official APS news agency, said the attack targeted a paramilitary gendarmerie training school at Issers. There was no immediate claim of responsibility. REUTERS/Zohra Bensemra(ALGERIA)

A bomb disposal expert inspects the site of a suicide car bomb ...

(Reuters) — Tue, 19 Aug 2008 12:20:54 GMT

(Reuters) - A bomb disposal expert inspects the site of a suicide car bomb attack in Issers, 55 km (34 miles) east of Algiers, August 19, 2008. A bomb attack east of Algiers killed 43 people and wounded 38 on Tuesday, the Algerian interior ministry said, in one of the bloodiest incidents in years in the OPEC member state. A ministry statement carried by the official APS news agency, said the attack targeted a paramilitary gendarmerie training school at Issers. There was no immediate claim of responsibility. REUTERS/Zohra Bensemra(ALGERIA)