Oil Dives Below &#36;46 to 8-Week Low
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Oil prices tumbled again on Monday, sliding to an 8-week low under &#36;46 a barrel, as growing fuel stocks in the United States eased fears of a winter supply crunch.
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U.S. oil prices slid below $46 on  Tuesday, marking the third successive session of falls as Iraqi  exports returned to near normal, although supply uncertainties  kept the market close to historic levels.
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Oil futures prices sank to their lowest level in nearly a month yesterday on a continuation of the sell-off sparked last week by rising US supplies of crude
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Oil prices have fallen sharply after briefly surpassing $54 a barrel amid nagging concerns in the market that the global supply buffer is too thin to handle a significant output disruption.
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Oil prices dipped below $46 on Tuesday  in a third day of falls as a more optimistic Iraq export  picture helped unwind some of the supply worries that have  lifted the market to historic levels.
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Crude oil fell to a six-week low on expectations that an Energy Department report tomorrow will show that US oil and petroleum-product inventories rose.
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Oil prices dipped below $46 on Tuesday in a third day of falls as a more optimistic Iraq export picture helped unwind some of the supply worries that have lifted the market to historic levels.
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Oil slid to a five-week low on Friday, continuing a fund-led selling spree that has knocked 12 percent from last week&#39;s record highs as rising stockpiles have eased worries of a winter supply crunch.
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Oil edged lower on Friday to around $59 a barrel after tumbling on a build in crude stocks, but trade was muted by a U.S. holiday.
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Oil prices fall below $60 a barrel, continuing their sharp decline of recent weeks, as Iranian tensions reduce.
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Oil prices fell on Monday to an 8-week  low under $47 a barrel, as growing fuel stocks in the United  States eased fears of a winter supply crunch.
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U.S. oil prices fell to a one-month low  below $45 a barrel on Tuesday, under pressure from signs OPEC  would not cut production until its March meeting and on  forecasts of rising U.S. crude stockpiles.
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BEIRUT: Oil hit a four-month low Friday despite OPEC&#39;s decision to cut output by around 4 per cent in a bid to reverse the recent sharp fall in prices.
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Crude oil fell to the lowest in more than four months on speculation that warm weather and increased refinery production bolstered US heating-oil stockpiles last week.
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Oil fell sharply on Thursday to its  lowest price in nearly two months after ample U.S. fuel  stockpiles eased investor fears of supply shortages as the U.S.  summer driving season drawing to a close.
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Oil prices soared to $44 a barrel on  Wednesday, ending an eight-day streak of losses as a U.S.  government report showed crude oil stocks falling to the lowest  level in five months.
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Tokyo's Nikkei average fell 0.4 percent to a six-week closing low on Tuesday, marking an eight-day losing streak, after oil prices topped &#36;50 a barrel, fanning concern over the business outlook for Japanese companies.