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Oil fell almost $1 early Monday in advance of this week’s economic reports on housing indicators, Bloomberg reported.

Oil fell 34 cents Friday, finishing the New York Mercantile Exchange trading week at $85.38 a barrel, Bloomberg reported.

Oil fell to an almost eight-month low near $83 a barrel in early trading Monday, following Friday’s downgrade of a U.S. credit rating, Bloomberg reported.

Oil finished the trading day Thursday at its lowest level since February, diving below $90 a barrel as equities markets plunged, Bloomberg reported.

Oil rose nearly $2 from a two-week low Monday following signs that U.S. lawmakers were close to an agreement to raise America’s debt ceiling, Bloomberg reported.

Oil finished the day Thursday over $99 a barrel on the New York Mercantile Exchange, a one-month high, following a positive economic indicator, Bloomberg reported.

Oil traded near the lowest in two days as China signaled it may step up efforts to cool its economy, tempering fuel demand in that country, Bloomberg reported Tuesday.

Oil rose 65 cents Thursday, rebounding from earlier declines to finish the trading day at $95.42 a barrel on the New York Mercantile Exchange, Bloomberg reported.

Oil fell more than $4 to a four-month low near $91 a barrel Thursday after the U.S. government said it would tap the Strategic Petroleum Reserve as part of an international effort to boost supplies, Bloomberg reported.