crude News Updates

BusinessFuel

Oil Rises to Finish Week Over $75 a Barrel

Oil rose almost $2 Friday to finish the week over $75 a barrel, posting its first weekly gain in three weeks, Bloomberg reported.

August 27, 2010
BusinessFuel

Oil Rises in Advance of Fuel-Price Report

Oil rose early Monday from its lowest level in six weeks after publicly traded Chinese companies reported better-than-expected earnings, Bloomberg reported.

August 23, 2010
BusinessFuel

Oil Falls to Six-Week Low Under $74 a Barrel

Oil fell almost $1 to below $73.50 a barrel Friday, a six-week low, on a continued uncertain economic outlook, Bloomberg reported.

August 20, 2010
BusinessFuel

Oil Declines to Near $75 a Barrel as Diesel Inventories Improve

Oil prices fell to near $75 a barrel Wednesday after earlier falling below $74 to the lowest intraday price since early July, Bloomberg reported.

August 18, 2010
BusinessFuel

Oil Slips as Diesel, Gasoline Inventories Improve

Oil prices fell below $77 a barrel Wednesday following a Department of Energy report that showed diesel and gasoline inventories improved last week even though oil stockpiles declined, Bloomberg reported.

July 14, 2010
BusinessFuel

Oil Ends Week Over $76, Led by Higher Diesel Demand

Oil finished the trading day Friday over $76 a barrel, gaining about $4 in the past week led by high diesel demand, Bloomberg reported.

July 9, 2010
BusinessFuel

Oil Rises for First Time in a Week

Oil prices rose Tuesday for the first time in six trading days to just under $73 a barrel as the dollar weakened against the euro, Bloomberg reported.

July 6, 2010
BusinessFuel

Oil Falls Below $76 a Barrel

Oil fell more than $2 Tuesday to below $76 a barrel, following reports that the Chinese economy was expanding less than forecast, Bloomberg reported.

June 29, 2010
BusinessFuel

Oil Slides Following DOE Report

Oil declined $1.50 to below $77 a barrel following a Department of Energy report that showed crude inventories rose by 2 million barrels last week, Bloomberg reported.

June 23, 2010
BusinessFuel

Oil Takes Biggest Gain Since September

Oil rose almost $3 Wednesday to more than $71 a barrel — its biggest single-day gain since September — following several positive economic indicators, Bloomberg reported.

May 26, 2010