Oil slipped under $50 a barrel on Tuesday on forecasts for softer 2009 global petroleum demand and for a weekly build in U.S. crude supplies.
Oil erased an earlier gain to trade near $50 a barrel on Tuesday after weak U.S. economic data refocused attention on falling global oil demand and forecasts for rising U.S. supplies.
Oil erased an earlier gain to fall below $50 a barrel on Tuesday after weak U.S. economic data refocused attention on falling global oil demand and forecasts for rising U.S. supplies.
Oil rose above $50 a barrel on Tuesday, recovering after an earlier fall, as a stock market rally countered the impact of weakening global oil demand and forecasts for rising U.S. supplies.
Oil fell more than $1 a barrel on Monday after the International Energy Agency slashed its forecast for oil demand, offsetting the impact of data showing Chinese crude imports rose to their second highest ever.
Oil fell toward $49 a barrel on Monday after the International Energy Agency cut deeply its forecast for oil demand, offsetting the impact of data showing Chinese crude imports rose to their second highest ever.
Oil fell toward $49 a barrel on Monday after the International Energy Agency cut deeply its forecast for oil demand, offsetting the impact of data showing Chinese crude imports rose to their second highest ever.
Oil fell below $50 a barrel on Monday after the International Energy Agency cut deeply its forecast for oil demand, offsetting the impact of data showing Chinese crude imports rose to their second highest ever.
Oil fell to around $51 a barrel on Monday after the International Energy Agency cut deeply its forecast for oil demand, offsetting the impact of data showing Chinese crude imports rose to their second highest ever.
Oil fell to around $51 a barrel on Monday after the International Energy Agency cut deeply its forecast for oil demand, offsetting the impact of data showing Chinese crude imports rose to their second highest ever.
Oil fell to around $51 a barrel on Monday after the International Energy Agency cut its forecast for oil demand, overshadowing data showing Chinese crude imports rose to their second highest ever.
Oil prices rose nearly 5.8 percent on Thursday, fueled by a rally on Wall Street and data showing that the number of workers filing new claims for unemployment benefits fell last week.
Oil prices rose more than 3 percent on Thursday, fueled by a rally on Wall Street and better-than-expected U.S. jobs data.
Oil rose above $52 a barrel on Thursday as rallies on global stock markets revived thoughts of economic recovery and subsequent increased demand for oil.
Stock index futures pointed to a higher open on Thursday after Wells Fargo gave preliminary first-quarter results that were stronger than expected.
Stock index futures pointed to a higher open on Thursday after Wells Fargo gave first quarter guidance and a New York Times report the U.S. banking industry seems to be in better shape than many people thought.
Oil rose more than $1 a barrel on Wednesday after a U.S. government report showed a surprise draw in commercial distillate stockpiles and equities markets rallied.
Oil fell to around $48 a barrel on Wednesday after U.S. data showing swollen crude stocks, and analysts said there was little sign global demand would soon rise to soak up the excess.
Stock index futures pointed to a higher open on Wednesday after news of government aid for life insurers and a merger among homebuilders spurred optimism and offset a quarterly loss from Alcoa .
More U.S. data showing swollen crude stocks pushed oil below $48 a barrel on Wednesday, and analysts said there was little sign demand would soon rise to soak up the excess.
Oil fell by over a dollar below $48 a barrel on Wednesday, adding to Tuesday's 3.7 percent loss on falls for equities and after weekly data showed U.S. crude inventories up far more than expected.
Oil fell by over a dollar toward $48 a barrel on Wednesday, adding to Tuesday's 3.7 percent loss on falls for equities and after weekly data showed U.S. crude inventories up far more than expected.
Oil fell by over a dollar toward $48 a barrel on Wednesday, adding to Tuesday's 3.7 percent loss on falls for equities and after weekly data showed U.S. crude inventories up far more than expected.
Oil fell nearly $2 a barrel on Tuesday, tracking U.S. stock market losses ahead of what is expected to be a miserable first-quarter earnings season, while the market eyed another rise in U.S. crude inventories.
Oil fell nearly $2 a barrel on Tuesday, tracking U.S. stock market losses ahead of what is expected to be a miserable first-quarter earnings season, while the market eyed another rise in U.S. crude inventories.
Oil fell below $50 a barrel on Tuesday, tracking U.S. stock market losses ahead of what is expected to be a miserable first-quarter earnings season, while the market eyed another rise in U.S. crude inventories.
Oil fell toward $50 a barrel on Tuesday, paring early gains after European equities turned lower, as investors continued to track share movements to try and gauge the strength of the global economy.
Oil was steady around $51 a barrel on Tuesday, awaiting direction from stock markets and U.S. oil inventories after a near 3-percent loss on Monday when Wall Street tumbled.
Oil was steady at $51 a barrel on Tuesday, awaiting direction from stock markets and U.S. oil inventories after a near 3-percent loss on Monday when Wall Street tumbled.