Crude slips by more than 3%
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Crude oil futures plunged by more than 3% yesterday after the US Energy Department announced an unexpected rise in heating oil and crude oil inventories.
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: The price of crude oil fell for a third straight day today, heading toward the US$50 mark on an encouraging midweek US petroleum stocks report and China&#39;s latest moves to cool its economy.
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The price of crude oil slips back from a record of more than $80 a barrel, but worries about supply persist.
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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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Oil prices drifted below $47 a barrel  early on Wednesday, well off recent peaks as traders braced for  another increase in U.S. crude oil inventories.
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Oil prices drop by nearly 7% as US government data showed a larger-than expected increase in crude inventories.
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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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Oil prices fell about 3 percent ion  Monday, reversing some of last week's sharp gains, on a milder  forecast for the U.S. Northeast.
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Oil prices edged lower on Thursday, adding to a near 2 percent sell off the previous day caused by a smaller-than-expected drop in U.S. heating fuel inventories.
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World oil prices fell nearly $3 a barrel  on Wednesday, shedding 6 percent, as a larger-than-expected  build in U.S. heating stocks soothed worries about a winter  fuel deficit.
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Crude futures drifted lower Thursday extending steep overnight falls that came as the US government reported a surprise increase in stocks of oil and distillates.
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The price of crude oil fell for a third straight day on Friday, sliding back toward the US$50 mark after a surprising midweek US petroleum stocks report and China&#39;s latest moves to cool its economy.
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NEW YORK -- Crude oil futures slipped yesterday as Norwegian officials ordered striking oil workers back on the job, preventing more cuts in production from the third-largest global exporter of crude.
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LONDON : Oil prices slid for a third day running as speculators banked profits ahead of next week&#39;s US presidential election amid easing supply fears and China&#39;s move to hike interest rates, analysts said.
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Crude oil futures slid further Thursday, as concerns over supplies ahead of a cold Northern Hemisphere winter eased because of a rise in US inventories.
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Oil prices fell Wednesday after the government reported that US inventories of crude rose 3.4 million barrels last week, surprising many traders and analysts who had expected to see supplies shrink because of lingering output problems
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The price of US crude oil has eased in early trade, after breaching the $50-a-barrel mark on Friday. Light sweet crude for November delivery fell 42 cents from Friday&#39;s $50.