Oil fell more than 2 percent to around $71 a barrel on Monday as a drop in China's key stock dented optimism about the pace of economic recovery and the U.S. dollar strengthened.
Oil fell more than 2 percent to around $71 a barrel on Monday as a drop in China's key stock index stoked worries about the pace of economic recovery and a revival in energy demand.
Oil fell toward $72 a barrel on Monday, as a drop in China's key stock index stoked worries about the country's economy, but hopes that energy demand would soon rebound are on track to push prices up about 4 percent in August.
Oil prices rose above $73 a barrel on Friday amid lingering optimism that the recession is ending, spelling a rebound in ailing world energy demand.
Oil rose above $73 a barrel on Friday, lifted by slightly better than expected GDP and jobs data out of the United States, though traders said it was still rangebound between $70 and $75 for the week.
A debate is emerging over how curbs on energy market speculation may impact oil prices, with at least one major bank boldly expecting the new rules will trigger a 30-percent price plunge.
Oil rose above $73 a barrel on Friday, lifted by slightly better GDP and jobs data out of the United States, although still rangebound over the week.
Oil climbed toward $73 on Friday after snapping a two-day fall a day ago from 10-month highs, boosted by better-than-expected GDP and jobs data in the United States that signal the economic recovery is on track.
Oil rose further above $72 on Friday after snapping a two-day fall from 10-month highs a day ago, boosted by better-than-expected GDP and jobs data in the United States that signal the economic recovery is on track.
Oil prices fell for the third consecutive day on Thursday as upbeat U.S. economic data failed to stanch concerns over bulging stockpiles in the world's largest energy consumer.
Oil pared early gains to drop to near $71 a barrel on Wednesday, extending losses from the previous session as rising U.S. crude stockpiles and a dip in equity markets outweighed bullish economic data.
Oil fell toward $71 on Thursday, after touching 10-month highs earlier this week, as swollen crude and distillate inventories in the United States, the world's largest fuel consumer, weighed on sentiment.
Oil fell to $71 on Thursday, extending losses by more than $3 after touching a 10-month high this week, as rising crude and diesel stocks eclipsed healthy economic data from the United States and Europe.
Oil fell toward $71 on Thursday, extending losses by more than $3 after touching a 10-month high this week, as rising crude and diesel stocks eclipsed healthy economic data from the United States and Europe.
Hurricane season officially started on June 1, and the Federal Government, led by the Department of Energy's (DOE) Office of Electricity Delivery and Energy Reliability, is prepared to respond alongside the private sector should a hurricane affect the energy infrastructure of the United States.
Oil fell to near $71 a barrel on Wednesday, extending hefty losses from the previous session, as rising stockpiles of U.S. crude outweighed positive economic data.
Oil pared early gains to drop below $72 a barrel on Wednesday, extending losses from the previous session, as rising U.S. crude stockpiles and a dip in equity markets outweighed bullish economic data.
Oil hit $75 for the first time in 10 months on Tuesday, recouping earlier losses in line with equity markets on data that showed U.S. house prices climbed and consumer confidence rose to the strongest since May.
Oil bounced above $74 on Tuesday, nearly recouping earlier losses in line with equity markets ahead of a spate of U.S. economics data.
Oil fell below $74 a barrel on Tuesday in a drop on broader global stock markets from 10 month highs hit in the previous session .
Oil fell below $74 a barrel on Tuesday, down for the first time in six days as Chinese shares plummeted on renewed concerns over the economic recovery, after reaching a 10-month high a day earlier.
Oil fell below $74 a barrel on Tuesday, down for the first time in six days on softer Asian shares as renewed concerns over the economic recovery emerged, after reaching a 10-month high a day earlier.
Oil rose toward $75 a barrel on Monday, within sight of a 10-month high, supported by optimism that an economic recovery will spur a rebound in global energy demand.
Oil crept up to near $74 a barrel on Monday within sight of a 10-month high, supported by optimism that an economic recovery will spur a rebound in energy demand.
Oil rose nearly $1 toward $74 a barrel on Friday, after earlier hitting 2009 highs, as data in the United States promised economic recovery and a potential revival in energy demand.
Oil touched a high for this year above $74 a barrel on Friday ahead of further pointers on the economic health of the United States and as the dollar flagged against a stronger euro.
Oil touched a high for this year above $73 a barrel on Friday ahead of further pointers on the economic health of the United States and as the dollar flagged against a stronger euro.
Oil touched a year-high above $73 a barrel on Friday ahead of further pointers on the economic health of the United States and as the dollar flagged against a stronger euro.
Oil rose over $73 a barrel on Friday, off a seven-week high, ahead of further pointers on the economic health of the United States, the world's top energy consumer.
Oil eased below $73 a barrel on Friday, tracking back from a seven-week high, as caution braked gains ahead of further pointers on the economic health of the United States, the world's top energy consumer.