Oil prices continue slide for fourth day
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Crude oil futures sank for a fourth straight day yesterday, settling beneath $43 a barrel for the first time in nearly three months and capping a 14 percent decline for the week.
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Oil prices fell on Monday, extending the previous session's decline, after remarks by oil producer group OPEC that it was concerned about the potential impact of high oil prices on the global economy.
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Crude oil fell, extending yesterday&#39;s 4.1 percent decline, as rising OPEC production and US inventories eased concern about winter fuel shortages.
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NEW YORK, December 23  - Crude oil prices declined for the second consecutive day today, trading near $44 per barrel, amidst reports of another pipeline attack in Iraq and a virtual re-nationalization of Russiaâs oil giant, Yukos.
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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.
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Oil prices continued to sink on Thursday as supply worries eased further on hopes that a tentative peace deal with Iraqi Shi&#39;ite fighters will decrease the threat of disruption to the country&#39;s revived oil exports.
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WASHINGTON -- Oil prices tumbled for a third consecutive day yesterday, briefly falling below $45 a barrel, as geopolitical concerns that had brought the market to a boil in recent weeks appeared to cool off.
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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 for a third day on Wednesday but remained in a narrow trading range below $60 a barrel with little impetus to break out in either direction.
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Oil prices dropped again on Friday,  bringing this week's slide to nearly 15 percent, as warm  weather in the U.S. Northeast and disappointing U.S. jobs data  darkened prospects for energy demand.
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Oil fell on Monday, extending the previous session's decline on profit taking from record highs, but hovered near $88 on simmering geo-political tensions and a weak dollar.
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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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Oil prices slid more than a dollar to  7-week lows on Tuesday as growing signs of ample supply eased  concerns over fuel stocks for the northern winter.
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Oil edged lower on Thursday, but kept within sight of the previous day's all-time high above $80, as investors stayed locked into the market for the long haul.
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Oil prices continue to slide amid fears that a US recession will weaken global demand for crude.
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US OIL prices fell further yesterday on continued profit-taking as producer-group OPEC promised production increases in the coming months.
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The price of oil continues sliding downwards, on expectations of warmer weather ahead.