crude News Updates

Business, Fuel

Oil Drops Below $99 a Barrel

Oil fell below $99 a barrel in early trading Monday on signs of lower demand and a possible supply boost by OPEC, Bloomberg reported.

June 6, 2011
Business, Fuel

Oil Rises to More Than $102 a Barrel

Oil rose past $102 a barrel in early trading Tuesday, its highest level in three weeks, as a leak shut a pipeline carrying crude to a U.S. storage hub, Bloomberg reported.

May 31, 2011
Business, Fuel

Oil Falls, but Holds Over $100 a Barrel

Oil fell more than $1 Thursday but remained over $100 a barrel for a second day, Bloomberg reported.

May 26, 2011
Business, Fuel

Oil Rises from Three-Month Low

Oil rebounded from a three-month low in early trading Wednesday, rising almost $2 to near $99 a barrel, Bloomberg reported.

May 18, 2011
Business, Fuel

Oil Falls Below $98 a Barrel

Oil fell almost $2聽in early trading Monday to below $98 a barrel on speculation that a cooling U.S. economy will lower fuel demand, Bloomberg reported.

May 16, 2011
Business, Fuel

Oil Plunges Almost $17 for Week

Oil took its biggest weekly plunge in more than two years this week, falling almost $17 to near $97 a barrel, Bloomberg reported.

May 6, 2011
Business, Fuel

Oil Tumbles to Below $100 a Barrel

Crude oil tumbled almost $10 to below $100 a barrel Thursday as commodities dropped the most in two years on concern that economic growth will slow, Bloomberg reported.

May 5, 2011
Business, Fuel

Oil Falls to Two-Week Low Under $109

Oil fell more than $2 Wednesday to a two-week low under $109 a barrel following a report that showed crude supplies reached a six-month high last week, Bloomberg reported.

May 4, 2011
Business, Fuel

Diesel Resumes Rise, Gaining 2.6垄 to $4.124 a Gallon

Diesel resumed its rise after a one-week respite, gaining 2.6 cents to $4.124聽a gallon, the highest price since August 2008, while gasoline jumped 8.4 cents to $3.963, the Department of Energy said.

May 3, 2011
Business, Fuel

Oil Drops After U.S. Says Bin Laden Killed

Oil prices dropped by the most in almost seven weeks on speculation that the killing of Osama bin Laden may ease the risk of Middle East supply disruptions, Bloomberg reported Monday.

May 2, 2011