crude News Updates

BusinessFuel

Oil Closes Over $100 a Barrel for First Time Since 2008

Oil closed over $100 a barrel Wednesday for the first time since September 2008, Bloomberg reported.

March 2, 2011
BusinessFuel

Oil Closes at 29-Month High

Oil closed at a 29-month high near $100 a barrel on continued concerns about Middle East political unrest, Bloomberg reported.

March 2, 2011
BusinessFuel

Oil Trades Near $100 a Barrel

Oil traded near $100 a barrel early Monday, its highest level in more than two years, as ongoing Middle East political turmoil raised concerns that production may be disrupted further, Bloomberg reported.

February 28, 2011
BusinessFuel

Oil Finishes Week Over $86 a Barrel

Oil fell slightly Friday but finished the trading week over $86 a barrel to the New York Mercantile Exchange, Bloomberg reported.

February 18, 2011
BusinessFuel

Oil Holds Below $90 a Barrel

Oil held below $90 a barrel for a second trading day Monday, its lowest in a week, as concerns about Egyptian unrest eased and U.S. gasoline supplies rose, Bloomberg reported.

February 7, 2011
BusinessFuel

Oil Pushes Past $90 a Barrel

Oil rose in early trading Monday to more than $90 a barrel after jumping almost $4 from a two-month low聽Friday on concerns over unrest in Egypt, Bloomberg reported.

January 31, 2011
BusinessFuel

Oil Falls for Fourth Day, Finishing Week Near $89 a Barrel

Oil fell for the fourth straight day Friday, slipping 48 cents to closing the week at $89.11 a barrel, Bloomberg reported.

January 21, 2011
BusinessFuel

Oil Rises from Three-Week Low

Oil rose in early trading Monday after finishing Friday at a three-week low near $88 a barrel, Bloomberg reported.

January 10, 2011
BusinessFuel

Oil Drops Following Stronger Inventory Report

Oil slipped below $89 a barrel Wednesday following a report that showed diesel and gasoline inventories improved more than forecast last week, Bloomberg reported.

January 5, 2011
BusinessFuel

Oil Trading Near $90 a Barrel on High Demand

Oil traded near a two-year high close to $90 early Monday as a report showed continued high demand in China, Bloomberg reported.

December 13, 2010