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Everyone knows that oil prices are high because demand has boomed in places like China, while supply has remained stagnant or fallen. But some oil analysts are focusing on a different issue: the amount of oil that's being held off the market in storage. These analysts say the oil market has created big incentives to hold on to oil rather then sell it.

A Russian mini-submarine trapped for three days 620 feet under the Pacific Ocean has surfaced; all seven crew members are alive and in good condition. They were freed after an unmanned British craft cut the undersea cable that had snarled the submarine.

Today marks 100 years since the birth of Louis Leakey, the patriarch of the first family of human fossils. NPR's Christopher Joyce reports for National Geographic Radio Expeditions.

Iraq's draft constitution is likely to go to voters in October, over the objections of Sunni negotiators. Shiites and Kurds want a federalized Iraq with a relatively weak central government. Sunnis want a strong federal government.

Israel has completed most of its planned withdrawal of Jewish settlements from Gaza. Four settlements await final evacuation after a break for the Sabbath. Meanwhile, Palestinian President Mahmoud Abbas sets elections for late January.

Israel's Finance Minister Benjamin Netanyahu resigns from his post in protest of Israel's planned pullout from the Gaza Strip. Prime Minister Ariel Sharon appointed Vice Premier Ehud Olmert to replace Netanyahu.

Costco, the members-only discount retailer, is testing sales of individual health insurance policies. The pilot program launched last month in California. It targets mom-and-pop business owners, and those without a job or without job-provided health insurance.

The White House has approved the release of oil from the nation's strategic petroleum reserve. The move is designed to offset the large production cuts caused by Hurricane Katrina. The storm has idled most of the region's refineries.

Google enters the already crowded field of instant messaging, with a new service, Google Talk. Integrated into Google's e-mail program, the tool allows users to type messages and speak to each other over their Internet connection. But it currently does not work with AOL, Yahoo or MSN instant message services.

President Nicolás Maduro survived a reported attack over the weekend — the latest of several recent plots against his government which is unpopular because of hyperinflation and food shortages.