crude News Updates

BusinessFuel

Oil Falls to Three-Week Low

Oil fell more than $1 to a three-week low near $86 a barrel Thursday following a reduced growth forecast by Europe’s central bank and concern over stalled U.S. budget negotiations, Bloomberg reported.

December 6, 2012
BusinessFuel

Oil Falls to One-Week Low Under $86

Oil fell to less than $86 a barrel, its lowest level in a week, on concerns over whether U.S. lawmakers will reach a budget-deficit deal, Bloomberg reported.

November 28, 2012
BusinessFuel

Oil Declines From Three-Day High

Oil fell from a three-day high to below $88 a barrel Monday as European ministers met to discuss additional funds to help Greece, Bloomberg reported.

November 26, 2012
BusinessFuel

Oil Rises Following Four-Month Low

Oil rose Thursday to more than $85 a barrel after taking its biggest drop this year to a four-month low on Wednesday, Bloomberg reported.

November 8, 2012
BusinessFuel

Oil Falls to Two-Month Low $88.14 Per Barrel

Oil fell to less than $89 a barrel — a two-month low — following a Department of Energy report that showed crude output rose to an almost 16-year high last week, Bloomberg reported.

October 3, 2012
BusinessFuel

Oil Falls Below $92 a Barrel

Oil fell from its highest closing price in a week early Monday to below $92 a barrel as manufacturing levels fell in China, Bloomberg reported.

October 1, 2012
BusinessFuel

Oil Drops Below $90 a Barrel

Oil fell to an eight-week low Wednesday, closing below $90 a barrel for the first time since early August on signs of lower demand, Bloomberg reported.

September 26, 2012
BusinessFuel

Oil Falls to Six-Week Low $92 a Barrel

Oil fell to a six-week low just under $92 a barrel Wednesday following a Department of Energy report that showed supplies spiked last week, Bloomberg reported.

September 19, 2012
BusinessFuel

Oil Closes Week at Four-Month High $99 a Barrel

Oil rose to a four-month high Friday, closing the trading week at $99 a barrel following the Federal Reserve’s announcement that it will take additional steps to boost the U.S. economy, Bloomberg reported.

September 14, 2012
BusinessFuel

Oil Tops $98 a Barrel in Early Trading

Oil rose to more than $98 a barrel in early trading Wednesday, a day after closing over $97 for just the second time in the past four months, Bloomberg reported.

September 12, 2012