Oil Prices Sink to a Four-Month Low
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Oil prices sank to a four-month low  below $41 for U.S. crude on Wednesday after leading OPEC  producer Saudi Arabia questioned the need for the cartel to  curb supplies.
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Crude oil prices fell Friday to the lowest in more than four months as traders regarded Organization of Petroleum Exporting Countries&#39;(OPEC) production cut as a too conservative measure.
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Oil prices dropped to 2-month lows on  Monday, with U.S. crude falling near $45 a barrel before paring  losses in late trade, as growing fuel stocks in the United  States eased fears of a winter supply crunch.
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Crude oil prices fell again Monday, touching a new four-month low Monday, with OPEC&#39;s announced production cut Friday failing to boost the market a second session.
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Oil prices fell to their lowest level in   five months on Thursday after a larger-than-expected build in   U.S. distillate and gasoline stocks.
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Consumer prices in Japan fell for the fourth month in a row during May following lower oil costs, figures show.
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Oil prices fell 3.5 percent to a three-month low Tuesday as mild winter weather sapped heating oil demand in the U.S. Northeast.
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Oil futures prices sank to their lowest level in nearly a month Monday on a continuation of the selloff sparked last week by rising US supplies of crude and easing fears about the refining industry&#39;s ability to satisfy heating oil demand.
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Oil prices fell on Monday to a 7-week low under $47 a barrel, as growing fuel stocks in the United States eased fears of a winter supply crunch despite a cold snap in North America at the weekend.
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Oil settled at a one-month low on Tuesday amid intensifying worry a weak U.S. economy could trigger a global slowdown in energy demand.
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U.S. crude dropped more than $4 on  Tuesday to its lowest level since early December on worries  that a possible U.S. recession would slow demand from the  world's largest energy consumer.
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U.S. gasoline prices sank to a one-month low, after falling 5.1 cents over the last week to $3.02 a gallon amid worries about a weak economy, the government said on Tuesday.
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Oil prices fell to a four-week low yesterday, briefly dropping below $50 a barrel, as traders grew less concerned about possible threats to supplies.
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U.S. retail gasoline prices fell to the lowest level in four weeks and the cost of diesel fuel declined for the second week in a row, the Energy Department said on Monday.
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Oil prices fell to a six-month low   under $60 a barrel on Monday as BP's move to restore output at   Prudhoe Bay earlier than expected added to a sense of healthy,   secure supplies, while demand growth questions loomed large.
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Oil prices fell to around $68 a barrel   on Wednesday, just off a three and a half month low struck the   previous session and above key support levels that, if broken,   could trigger a deeper selloff.
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Oil prices slid to a five-week low on Friday, continuing a downturn that has slashed almost 13 percent from record highs as rising stockpiles have eased worries of a winter supply crunch.