Oil finished the week at more than $108 a barrel, the highest level in 16 months, Bloomberg News reported.
July 19, 2013BusinessFuel
Oil Finishes Week Near $106 a Barrel
Oil rose $1 Friday to finish the week near $106 a barrel on speculation that U.S. inventories will continue to fall, following the largest two-week drop in at least three decades, Bloomberg News reported.
July 12, 2013BusinessFuel
Oil Tops $105 a Barrel as Supplies Decline
Oil continued its recent climb, rising to more than $105 a barrel Wednesday after a Department of Energy report showed that crude supplies fell last week, Bloomberg News reported.
July 10, 2013BusinessFuel
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, 2013BusinessFuel
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, 2013BusinessFuel
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, 2013BusinessFuel
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, 2013BusinessFuel
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, 2013BusinessFuel
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, 2013BusinessFuel
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