crude oil News Updates

BusinessFuel

Oil Holds Over $96 on Isaac Concerns

Oil held over $96 a barrel in early trading Friday as forecasters kept an eye on Tropical Storm Isaac, which is likely to move into the Gulf of Mexico next week as a low-level hurricane, Bloomberg reported.

August 24, 2012
BusinessFuel

Oil Holds at Three-Month High Over $96

Oil held at a three-month high over $96 a barrel Monday, as European leaders were set to meet to discuss ways to combat their ongoing debt crisis, Bloomberg reported.

August 20, 2012
BusinessFuel

Oil Jumps $4 Following Jobs Report

Oil jumped by more than $4 Friday, the biggest gain in a month, following a report that more U.S. jobs were created in July than economists had expected, Bloomberg reported.

August 3, 2012
BusinessFuel

Oil Falls for First Time in Week

Oil fell for the first time in eight days Friday to below $92 a barrel, after topping out at a nine-week high on Thursday, Bloomberg reported.

July 20, 2012
BusinessFuel

Oil Holds Near $85 a Barrel

Oil rose over $85 a barrel in early trading Monday, after taking its biggest drop in two weeks on Friday, Bloomberg reported.

July 9, 2012
BusinessFuel

Oil Closes Below $80 a Barrel for First Time Since October

Oil fell more than $3 Thursday to finish the trading day under $80 a barrel for the first time since early October, Bloomberg reported.

June 22, 2012
BusinessFuel

Oil Closes Below $82 Following Strong Supply Report

Oil fell to finish the trading day below $82 a barrel Wednesday for the first time since early October following a Department of Energy report that showed supplies near a 22-year high, Bloomberg reported.

June 20, 2012
BusinessFuel

Oil Rises for Third Day, Topping $85 a Barrel

Oil rose for a third day, topping $85 a barrel as supplies slipped and economic reports that signaled higher demand, Bloomberg reported.

June 6, 2012
BusinessFuel

Oil Continues to Fall on Growth Concerns

Oil fell for a聽fifth trading day聽Monday, dropping more than $2 to just over $81 a barrel on concerns about economic growth in the U.S. and China, Bloomberg reported

June 4, 2012
BusinessFuel

Oil Falls to 10-Month Low Under $87 a Barrel

Oil fell below $87 a barrel Thursday, capping its biggest monthly decline in more than three years following a Department of Energy report that showed crude supplies rose to a 22-year high, Bloomberg reported.

May 31, 2012

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