Oil Falls on Recession Worries, Unemployment Benefits report
Crude oil fell on Thursday as traders worried that an economic slowdown could weaken oil and gasoline demand in the U.S.
Crude Climbs Ahead of Federal Reserve and OPEC Meetings
Crude oil rose on Tuesday amid speculation the U.S. Federal Reserve meeting will result in a reduction of interest rates to fuel economic growth.
U.S. Crude Declines on Falling Stock Markets, Home Sales Report
Crude oil prices declined today on falling stock markets in Europe and Asia, and a report about new home sales in the U.S.
Crude Oil Falls Below $89 as Asia and Europe Markets Drop
Crude Oil dropped on Monday below $89 a barrel as stock markets in Asia and Europe fell on concerns over a global economy slowdown.
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Oil Tips Over $100 on Inventory Drop
Crude oil futures rose to a new record of $100 a barrel on Thursday after an Energy Department report showed that crude inventories fell by 4 million barrels last week, ahead of the 1.7 million barrel decline analysts had expected.
Oil breaks $100 as U.S. stockpiles drop
Oil prices broke above $100 a barrel for the first time on Thursday after a U.S. government report showed a steep slide in crude inventories in the world's biggest energy consumer.
Oil hits one-month high over $96 a barrel
Oil rose to a one-month high above $96 a barrel on Wednesday ahead of a U.S. government report expected to show crude inventories in the world's top consumer fell for a sixth straight week.
Big Powers Competing More for Oil
Nations are making deals with top exporters to to get enough oil and develop new projects to boost economic growth.
Oil jumps as US stockpiles fall
Oil prices rallied on Wednesday as a slump in U.S. crude oil stockpiles to their lowest level in nearly three years rekindled worries of a winter supply crunch.
Crude Oil Falls on Dollar Strength, Possible OPEC Output Hike
Crude oil fell on Monday as the dollar gained strength and as news arose that OPEC may boost oil output at the cartel’s next meeting in February.
Oil above $88, eyes modest Fed rate cut
Oil hovered above $88 a barrel on Monday, ahead of an expected cut in interest rates this week by the U.S. Federal Reserve to revive economic growth in top oil consumer the United States.
Price, not politics, cure for China oil shortages
China's bid to end fuel shortages only a temporary cap on the problem
Oil hovers near $90
Oil hovered near $90 a barrel on Friday, searching for direction amid conflicting concerns over supply tightness and weak demand growth from a slowing economy in the United States, the world's top oil consumer.
Oil Rises More Than $3 on OPEC, Weaker Dollar
The price of the oil rose more than $3 on Thursday after OPEC’s decision to keep its output unchanged and as a weaker dollar pushed up commodities.
Oil recovers above $88
Oil prices climbed above $88 a barrel on Thursday, recovering from six-week lows amid concern over tight inventories following OPEC's output rollover and as weakness in the U.S. dollar propped up commodities.
Oil falls to near $86 as U.S. fuel inventories mount
Oil recovered from lows to hover near six-week lows above $86 a barrel on Thursday as a build-up in U.S. oil product stocks and receding geopolitical concerns outweighed OPEC's decision not to increase crude oil production.
Crude oil lower after gasoline inventories rise
Crude oil fell on Wednesday after a government report showed that U.S. fuel stockpiles rose last week, erasing earlier gains when the Organization of Petroleum Exporting Countries agreed not to boost oil production.
Oil Prices Rise Ahead of OPEC Meeting
Oil prices were higher amid speculation the Organization of Petroleum Exporting Countries (OPEC) will reject calls for an increase in production.
Crude Oil Falls on OPEC Oil Boost Expectations.
Crude oil fell more than Tuesday amid expectations that the Organization of Petroleum Exporting Countries may boost production for 2008.
Oil slips to near $88
Oil fell more than $1 to stand near $88 a barrel on Tuesday, awaiting a clear signal from OPEC as a chorus of opinion within the exporting group spoke against an output increase.
OPEC's big guns keep options open on oil increase
OPEC's big Gulf producers are leaving open the option of an oil supply increase that could influence whether crude prices head back towards $100 a barrel or not.
Oil hits 5-week low below $88
Oil plumbed five-week lows below $88 a barrel on Monday as concerns about the health of the U.S. economy extended losses that have cut 10 percent from prices over the past two weeks.
Gold Futures Rise on Weak Dollar
Gold futures rose on Monday following a decline in last weeks trading as weakness in the dollar and falling crude-oil prices prevailed.
Oil slides to 5-week low
Oil prices sank to their lowest in more than five weeks on Monday, a fall that could reduce the chances OPEC will agree to boost oil output at a meeting this week.
Oil rebounds from worst week ever
Oil bounced back above $89 a barrel on Monday as traders bet last week's nearly $10 selloff was overdone, and might turn the tides against an expected increase in OPEC output when the cartel meets later this week.
OPEC to weigh modest oil supply boost
OPEC will weigh a modest boost to oil supply at a meeting on Wednesday, but a $10 retreat last week in crude prices from a record high near $100 a barrel could tip the balance away from pumping more.
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