Crude oil prices may fall as output rebounds
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Crude oil prices may fall this week as companies including Royal Dutch/Shell Group restart platforms and tankers resume shipments in the Gulf of Mexico after Hurricane Ivan
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The American economic ship, which has weathered the recent run-up in crude oil prices, may be more vulnerable to sudden surges in the price of money.
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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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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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NYMEX crude oil futures were down  slightly at just under $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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Crude oil prices neared US$49 per barrel Friday as Gulf of Mexico crude production rebounded at a slower pace than analysts had expected.
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CRUDE oil prices are expected to fall rather than rise, despite the latest decision of the oil producers&#39; cartel to reduce supplies coming on to the market.
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NEW YORK -- A decline in the nation's inventory of heating oil catapulted crude futures prices toward $55 a barrel yesterday, providing the latest jolt to a market already rattled by the world's tight supply of oil, strong demand, and the possibility of output problems in several producing nations.
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NEW YORK  - World crude oil prices slipped, halting a price spike triggered by fears of tight energy supplies in the northeastern United States.
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Oil producing â-pec and non-Opec â -ntries are concerned about the recent heavy fall in the value of dollar, in which international crude oil sales are priced.
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Oil prices fall back from record highs as Mexico is due to resume full output and hopes of a rise in US stockpiles.
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Crude oil prices fell by $2.01 to $49.75 per barrel in morning trading on the New York Mercantile Exchange. Oil prices retreated from record closing prices last week, after the US government
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NEW YORK -- Oil prices rebounded yesterday from early declines to settle above $71 for the first time in 10 months as traders focused on a refinery outage in Kansas and new accusations about Iran's role in Lebanon and Iraq.
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Exports of crude have resumed from oil fields in the north and south of Iraq, driving down prices on global markets overnight. After going just shy of $US50 a barrel at the end of last week, the key oil futures
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NEW YORK, October 26  - Crude oil prices resumed their upward rally to close at above $55 per barrel today, with a shift in focus back to the potential winter shortfall in the US inventories of heating oil, diesel and gasoline.
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TORONTO (CP) - A drop in oil prices on reassurances of a steady supply of crude gave stock markets a boost Tuesday. The price of crude oil futures for October delivery on the New York Mercantile Exchange dropped 68 cents to $43.
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The housing crisis and high oil prices may cause a slump, analysts warn.