Oil Extends Slide After Stockbuild Drop
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Oil prices continued falling on Thursday after an unexpectedly large rise in US crude inventories spurred profit-taking from record highs.
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Stock prices are falling as oil and the economy take center stage. The Dow Jones Industrial Average is down 43 points in today&#39;s early going.
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Oil prices extended heavy recent losses  on Wednesday as U.S. government data showed crude stocks  building for an eighth straight week ahead of winter.
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Oil tumbled another dollar on Thursday,  resuming a two-week slide that has cut 15 percent from prices  as rising crude inventories ease concerns over winter fuel  supplies.
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U.S. stocks fell on Monday as oil  prices hit a record high, spurring worries that energy costs  will eat into corporate profits.
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Oil slid more than a dollar on  Thursday, resuming a two-week decline that has cut 15 percent  from prices, as rising crude inventories have eased concerns of  a winter fuel crunch.
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Oil fell on Monday, extending the  previous session's decline, as the market mulled over gloomy  U.S. economic data and the impact on demand should the world's  top energy consumer slip into recession later this year.
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Oil extended its retreat on Thursday, taking two-day losses to 6 percent after an unexpectedly large rise in US crude inventories spurred speculative funds to take profits out of record high prices.
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Oil prices continued to fall on Thursday after an unexpectedly large increase in crude stocks in the US. A barrel of US light crude was down 96 cents to $51.
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Oil prices plunged below $44 a barrel Thursday, extending a dramatic sell off sparked by Wednesday&#39;s government report showing crude and distillate inventories rose more-than-expected last week.
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Oil prices fell heavily from near record  peaks on Wednesday after a sharp build in U.S. crude oil stocks  spurred traders to take profits from a fierce rally.
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U.S. blue chips slid back into the red  on Wednesday as oil company shares fell on a report showing an  unexpected rise in U.S. oil inventories last week, which drove  oil prices lower.
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A day after closing above $100 a barrel, oil prices slid as investors focused on a U.S. report expected to show crude stockpiles rose for a sixth week.
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Oil fell more than a dollar towards $89 a barrel on Monday as falling global stock markets amid renewed worries about the health of the global economy spurred profit taking.
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Oil dropped more than $2 a barrel on Friday, joining a slump across the commodities markets amid concern higher interest rates could slow economic growth and cool demand.
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Oil prices continued falling on  Thursday after an unexpectedly large rise in U.S. crude  inventories spurred profit-taking from record highs.
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Oil prices fell Thursday after moving close to US$49 a barrel as markets digested news of a rise in crude inventories but lower-than-expected US heating oil stocks.