Update 8: Crude Oil Prices Fall Below $51 a Barrel
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Crude oil futures prices dropped below $51 a barrel on Thursday as supply concerns ahead of the Northern Hemisphere winter eased after an unexpectedly high rise in US inventories.
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SINGAPORE : Crude oil prices slipped below US$50 a barrel in Asian trading on Tuesday as the market waited for the outcome of the US presidential elections, dealers said.
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Oil prices fall to a six-month low below $61 a barrel as the reduced tension over Iran calms markets.
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Crude oil futures prices plummeted today, falling by nearly $3 a barrel, as traders shelved concerns about tight winter-fuel supplies.
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Oil prices slid below $61 a barrel on   Wednesday on rising winter fuel stocks and waning concern about   Iran, but Saudi Arabia, the world's largest exporter, signaled   the market may have fallen enough.
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Crude oil futures prices dropped below $51 a barrel yesterday as supply concerns ahead of the Northern Hemisphere winter eased after an unexpectedly high rise in US inventories.
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NEW YORK - Crude oil futures fell for a fourth day Friday, settling below $43 a barrel for the first time since August and extending the week&#39;s decline in oil prices to 14 per cent.
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Crude oil prices have dipped in New York, sliding as much as two dollars to around $50 a barrel. That&#39;s extending declines seen last week despite concerns that a planned strike in Nigeria could affect output.
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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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Crude oil prices fell for a fourthstraight day Friday, closing below 43 dollars per barrel for the first time in about three months.
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Crude oil fell 55 cents to $42.70 per barrel in early trade on the New York Mercantile Exchange. Inventories grew by 900,000 barrels last week to 293.3 million.
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Oil prices fell again Tuesday, with U.S. light crude sinking to about $53 a barrel, despite persistent supply worries and an attack on a key Iraqi pipeline.
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Oil prices fell below $48 a barrel Wednesday after the US government reported increases in the nation&#39;s supply of crude oil and distillate fuel, which includes heating oil.
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Crude oil prices fell Tuesday as traders widely anticipated a continuing increase in US inventories of crude oil. On the New York Mercantile Exchange, crude oil futures for December delivery fell 76 cents to settle at US$46.11 per barrel.
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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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Uneasy investors sold stocks mostly lower Tuesday as oil prices climbed above $51 per barrel, creating new worries that rising energy costs would curb consumer spending and corporate profits.
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Oil futures dipped below $46 a barrel yesterday as traders assessed what appeared to be a short-lived cold snap in the United States, where cold weather and tight heating oil supplies helped drive prices higher last week.