crude News Updates

BusinessFuel

Oil Slips From 14-Month High to Near $102

Oil fell from a 14-month high to near $102 a barrel Monday after finishing at more than $103 last week, Bloomberg News reported.

July 8, 2013
BusinessFuel

Oil Rises to More Than $100 a Barrel

Oil rose more than $1 to finish the trading day Wednesday over $100 a barrel, the highest closing price in 14 months, Bloomberg News reported.

July 3, 2013
BusinessFuel

Oil Rises to Nine-Month High, Over $98 a Barrel

Oil rose to more than $98 a barrel Monday, a nine-month high, on speculation that widening Middle East unrest may disrupt supplies, Bloomberg News reported.

June 17, 2013
BusinessFuel

Oil Rises From Month-Low as OPEC Signals Concern About U.S. Shale-Oil Production

Oil rose to more than $92 a barrel Monday after finishing at the lowest price in a month Friday as OPEC ministers signaled growing unease with the U.S. oil boom, Bloomberg News reported.

June 3, 2013
BusinessFuel

U.S. Oil Boom Dividing OPEC, Journal Reports

Rising U.S. oil production is dividing OPEC states, and the global oil cartel is struggling to respond to higher North American oil output from shale, the Wall Street Journal reported Tuesday.

May 28, 2013
BusinessFuel

Oil Slides Below $93 a Barrel

Oil fell for a third day Thursday, falling more than $1 to below $93 a barrel after dropping almost $2 on Wednesday, on reports that Chinese manufacturing slowed, Bloomberg News reported.

May 23, 2013
BusinessFuel

Oil Drops Following DOE Inventory Report

Oil declined more than $1 to near $95 a barrel following a Department of Energy report that showed crude supplies fell and gasoline stockpiles rose last week.

May 22, 2013
BusinessFuel

Oil Declines for Fifth Day to Near $92 a Barrel

Oil fell almost $2 Wednesday to near $92 a barrel, the fifth straight day of declines and longest run of downturns since October, Bloomberg News reported.

May 15, 2013
BusinessFuel

Oil Declines as OPEC Boosts Production

Oil fell for a second day Friday, dropping below $95 a barrel as rising supplies countered signs of economic growth and OPEC boosted production, Bloomberg News reported.

May 10, 2013
BusinessFuel

Oil Falls Below $90 a Barrel

Oil fell below $90 in early trading Monday as economic growth slowed in China, Bloomberg News reported.

April 15, 2013