Oil fell for a聽fifth trading day聽Monday, dropping more than $2 to just over $81 a barrel on concerns about economic growth in the U.S. and China, Bloomberg reported
June 4, 2012BusinessFuel
Oil Falls to 10-Month Low Under $87 a Barrel
Oil fell below $87 a barrel Thursday, capping its biggest monthly decline in more than three years following a Department of Energy report that showed crude supplies rose to a 22-year high, Bloomberg reported.
May 31, 2012BusinessFuel
Oil Rises for Third Day; Holds Near 7-Month Low
Oil prices rose for a third day in early trading Monday on forecasts of higher U.S. economic growth, but held near a seven-month low under $92 a barrel, Bloomberg reported.
May 29, 2012BusinessFuel
Oil Rises From Seven-Month Low
Oil prices rose from a seven-month low in early trading Monday but held under $92 a barrel, after declining for six straight trading days, Bloomberg reported.
May 21, 2012BusinessFuel
Oil Closes at Six-Month Low Under $93 a Barrel
Oil fell more than $1 Wednesday to finish the trading day at six-month-low under $93 a barrel, Bloomberg reported.
May 16, 2012BusinessFuel
Oil Finishes Week at 2012 Low
Oil fell almost $1 a barrel Friday, finishing the week at $96.13, its lowest closing price this year, Bloomberg reported.
May 11, 2012BusinessFuel
Oil Rises to Over $97 a Barrel
Oil rose for the first time in more than a week Thursday, gaining 27 cents to just over $97 a barrel, after falling for six straight trading days, Bloomberg reported.
May 10, 2012BusinessFuel
Sunoco Being Sold; Delta Buying East Coast Oil Refinery
Two big deals affecting the refinery of crude oil in the Northeast were announced this week: Delta Air Lines will buy a Philadelphia area refinery and Sunoco Inc. is being sold for $5.3 billion.
May 1, 2012BusinessFuel
Oil Trades Near Four-Week High $105 a Barrel
Oil traded near a four-week high just below $105 a barrel early Monday, on signs of economic recovery in Asia, Bloomberg reported.
April 30, 2012BusinessFuel
Oil Finishes Week Over $103 a Barrel
Oil rose almost $2 on Thursday to finish the trading week at $103.31 a barrel, following an earlier report that jobless claims fell to the lowest level in four years, Bloomberg reported.
April 6, 2012