Crude Futures Gain Ground
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Crude oil prices closed higher Thursday in an up-and-down session as a consensus built that whatever havoc Hurricane Ivan causes in the southeast, its impact on Gulf Coast oil production will be short-lived.
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NEW YORK -- Crude futures surged above $52 a barrel Wednesday, reaching a new high in New York. Traders were reacting to a strike threat by Nigerian oil workers and to word that petroleum output in the Gulf
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Crude oil futures moved upward Wednesday, as the northeastern United States - a heavy consumer of heating oil - felt the first signs of what could likely be a colder-than-expected winter.
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Oil prices edged higher on Wednesday ahead of weekly U.S. inventory data expected to show a fall in crude stockpiles but rising product tanks.
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Crude oil futures moved upward past US$47 Tuesday, reflecting concern about tight distillate supplies despite expectations that a winter supply crisis will be averted.
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HOUSTON, Dec.7 -- After plummeting more than $7/bbl last week, crude futures prices bumped up Monday amid indications by several members of the Organization of Petroleum Exporting Countries that they might take action at their meeting Friday in Cairo to
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Crude futures rose Friday amid market jitters over possible production cuts by OPEC at their meeting in Egypt, as well as fears that winter weather will put pressure on supplies.
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NEW YORK -- Crude oil futures briefly climbed back over $50 a barrel yesterday, with worries over the security of Nigerian supplies supporting prices despite a surprise increase in US crude inventories.
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Crude oil futures rose above $42 a barrel Wednesday after government data showed an increase in US fuel supplies. Traders were also focused on an upcoming OPEC meeting at which the group could
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Oil prices edged higher on Wednesday  ahead of weekly U.S. inventory data expected to show a fall in  crude stockpiles but rising product tanks.
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Crude futures climbed above 48 dollars a barrel Wednesday as US Energy Department reported that domestic supplies fell more than expected.
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NEW YORK - Stocks moved slightly higher Friday as investors tried to uncouple share prices from skyrocketing oil costs, even as crude reached new highs and flirted with $50 per barrel.    A barrel of light crude was quoted at $48.90, up 20 cents, on the New York Mercantile Exchange after setting a new intraday record earlier in the session at $49.40...
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Crude oil futures were up to $93.53 a barrel at the close of exchange trading today, up $1.67 from Friday.
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Crude oil futures rose to a record $55.45 a barrel in New York after a report that the Chinese economy grew more than expected. Oil&#39;s rally lifted heating oil to a record and natural gas to a 20-month high.
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NEW YORK - Stocks edged higher in early trading Friday as investors tried to uncouple share prices from skyrocketing oil costs, even as crude reached new highs and flirted with $50 per barrel.    A barrel of light crude was quoted at $48.97, up 27 cents, on the New York Mercantile Exchange after setting a new intraday record earlier in the session at $49.40...
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Stock index futures pointed to a higher start to the year on Wednesday, bouncing back from the previous session's weak close and as oil prices above $97 a barrel could boost the energy sector.
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U.S. crude oil futures rose to a fresh  six-week high on Friday as frigid weather swooped into the  Northeast heating oil market, threatening to strain already  tight winter fuel stockpiles.