Update 8: Crude Oil Futures Sink to $46 Per Barrel
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December delivery crude on the New York Mercantile Exchange dropped 76 cents to $46.11 per barrel. The benchmark light, sweet crude remained about $8 a barrel cheaper than its closing record of $55.
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Investor's Business Daily - U.S. crude fell 62 cents to $96 a barrel, reversing an earlier gain, on fears that slower U.S. economic growth will curb demand for oil in the world's top consumer. Crude prices hit an intraday high of $97.92 due to falling U.S. supplies, a weaker dollar and geopolitical tensions.
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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 prices dipped below $46 on Tuesday,  making a third day of falls as a more optimistic Iraq export  picture unwound some of the supply worries that have lifted the  market to historic levels.
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Crude oil futures sank for a fourth straight day Friday, 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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NEW YORK -- Crude oil futures prices ended above $50 a barrel for the first time on the New York Mercantile Exchange. In New York, crude for November delivery rose 48 cents and closed at a record $50.
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NYMEX crude oil futures were down slightly at just under &#36;46 a barrel on Tuesday but traders said prices were likely to resume their rise later in the week if U.S. inventories fall as expected.
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Oil prices fell sharply yesterday after briefly passing $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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SINGAPORE: Oil prices extended losses to fall below $46 Wednesday ahead of weekly US data expected to show fuel stocks rising in time for peak winter demand.
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Oil prices extended losses 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 futures nose-dived for a second day in a row yesterday, briefly dipping below $43 a barrel, as traders focused on rising fuel supplies and the lack of cold weather. The two-day drop of more than $5 a barrel picked up momentum from technical and speculative trading.
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Around noon on the New York Mercantile Exchange, benchmark January crude futures were down 50 cents to $42.75 a barrel, well off their intraday low of $42.05, a three-month low, but still a sharp decline on the day.
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Crude futures prices fell yesterday, briefly sinking below $49 US a barrel, as the US supply of oil grows and traders said institutional investors shifted their capital from commodities to equities.
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Crude futures weakened a bit immediately after the petroleum reserve announcement, but then edged ever closer to a record high. Crude for November delivery closed up 11 cents at $48.
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LONDON : Crude oil prices slipped below 46 dollars a barrel on increasing hopes of adequate heating fuel supply during the northern hemisphere winter.
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CRUDE oil futures eased below $US46 a barrel in Asia today as traders awaited the weekly US crude inventory report, which has helped bring down prices in recent weeks by showing a recovery in supplies.
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Crude futures prices fell sharply today, dropping below $54 a barrel, as traders shelved concerns about tight winter-fuel supplies and focused on government data showing faster-than-expected growth in US oil inventories.