crude News Updates

BusinessFuel

Oil Rises Over $100 a Barrel

Oil rose to more than $100 a barrel in pre-market trading Monday, the highest in a week, on signs of U.S. economic recovery and following economic sanctions on Syria, Bloomberg reported.

November 28, 2011
BusinessFuel

Oil Tops $100 for First Time Since June

Oil jumped above $100 a barrel Wednesday, closing over that level for the first time in five months, Bloomberg reported.

November 16, 2011
BusinessFuel

Oil Slips but Remains Near $98 a Barrel

Oil fell from a three-and-a-half month high to below $98 a barrel early Monday on concerns over Italy’s debt and easing demand in China, Bloomberg reported

November 14, 2011
BusinessFuel

Oil Slips But Remains Over $90 a Barrel

Oil slipped in early trading Monday after its biggest monthly gain in two years, falling to near $92 a barrel, Bloomberg reported.

October 31, 2011
BusinessFuel

Oil Companies’ Profits Rise on Higher Crude Prices

Several major oil companies cited higher crude prices in reporting higher third-quarter profits.

October 28, 2011
BusinessFuel

Oil Surges Over $82 a Barrel

Oil rose almost $3 Thursday to finish the trading day over $80 a barrel for the first time in a week and capping the biggest two-day rally since February, Bloomberg reported.

October 6, 2011
BusinessFuel

Oil Gains $4 to More Than $79 a Barrel

Oil took its biggest single-day jump in five months Wednesday, rising $4 to more than $79 a barrel following a report that showed inventories plunged last week, Bloomberg reported.

October 5, 2011
BusinessFuel

Oil Falls Below $78 a Barrel After Closing at One-Year Low

Oil fell early Monday after closing Friday at a one-year low $79.20 a barrel, Bloomberg reported.

October 3, 2011
BusinessFuel

Oil Falls to Near $83 a Barrel Following Supply Report

Oil fell more than $1 Wednesday to near $83 a barrel following a Department of Energy report that showed supplies rose last week, Bloomberg reported.

September 28, 2011
BusinessFuel

Oil Holds Over $89 a Barrel

Oil held just over $89 a barrel Thursday in advance of the Department of Energy’s weekly report on crude, diesel and gasoline inventories, Bloomberg reported.

September 8, 2011