crude News Updates

BusinessFuel

Oil Falls to Seven-Week Low $101.47 as Output, Supplies Surge

Oil fell more than $2.50 Wednesday to finish the trading day at a seven-week low $101.47 a barrel, following a report that crude inventories took their biggest jump in four years, Bloomberg reported.

April 4, 2012
BusinessFuel

Oil Holds Near Six-Week Low $103 a Barrel

Oil rose slightly in early trading Monday but held near a six-week low just over $103 a barrel, Bloomberg reported.

April 2, 2012
BusinessFuel

Oil Slips as Feds Consider Tapping SPR

Oil fell for the first time in four days Wednesday following a Department of Energy report that showed crude inventories rose, while the department considered tapping the government鈥檚 Strategic Petroleum Reserve, Bloomberg reported.

March 28, 2012
BusinessFuel

Oil Rises Over $107 Following Iran Report

Oil rose almost $2 to more than $107 a barrel Friday following a report that Iranian crude exports may drop due to sanctions, Bloomberg reported.

March 23, 2012
BusinessFuel

Oil Falls Below $105 a Barrel

Oil fell more than $2 to below $105 a barrel Thursday, the lowest level in more than two weeks, Bloomberg reported.

March 22, 2012
BusinessFuel

Oil Rises Following Biggest Drop in Three Months

Oil rose in early trading Wednesday to just over $106 a barrel following the biggest drop in three months on Tuesday, Bloomberg reported.

March 21, 2012
BusinessFuel

Oil Finishes Week Over $107

Oil rose almost $2 Friday to finish the week over $107 a barrel, on signs that the U.S. economy was rebounding, Bloomberg reported.

March 16, 2012
BusinessFuel

Oil Rises as Diesel Inventories Decline

Oil rose Wednesday following a Department of Energy report that showed diesel supplies fell sharply last week, Bloomberg reported.

March 14, 2012
BusinessFuel

Oil Finishes Week Over $107 a Barrel

Oil rose for a third day, finishing the trading day over $107 a barrel for the first time in 10 days, Bloomberg reported.

March 9, 2012
BusinessFuel

Oil Rises From Two-Week Low

Oil rose from a two-week low in early trading Monday on forecasts that U.S. fuel supplies are declining, Bloomberg reported.

March 7, 2012