Crude oil futures rise Friday, but down about four per cent in ...
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Oil prices rebounded Friday but remained below $50 US a barrel after declining four per cent over the past week due to rising US supplies of crude and natural gas.
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Crude oil futures prices climbed yesterday on the back of a rally in heating oil after the US government said the nation's supply of distillate fuel declined for the ninth consecutive week.
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Crude futures rebounded slightly Tuesday, following a six per cent drop the day before on forecasts calling for warmer weather in the US, which eased worries about tight supplies of winter fuel.
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Crude-oil futures rose Friday on fears of a possible terrorist attack before Tuesday&#39;s US election, but the market&#39;s recent downturn may continue next week.
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Crude futures for September delivery traded in New York rose today to $49.40 a barrel, up 70 cents.
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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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Business & money: The AA warns that the $4 increase in crude prices signals even dearer fuel in the weeks ahead
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Crude prices rose for the first time in four days. Traders feel that the gains in US crude oil inventories and forecasts of rising temperatures do not justify the previous session&#39;s 6.5% fall.
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Crude oil futures rose, ending a 9 percent slide over the past five days, on concern that a cease-fire in Najaf, Iraq won&#39;t eliminate all possible supply disruptions over a three-day weekend when London markets will be closed.
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Crude oil futures dropped more than US$1 to hit $43 at midday today in a correction of yesterday&#39;s surge. Prices rose slightly at first as traders sought to build on yesterday&#39;s gains but buying quickly gave way to a wave of selling.
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Crude oil prices rose for the third day in a row Friday with the latest attack on Iraq&#39;s oil infrastructure keeping supply worries front and center.
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The selloff in crude oil futures continued for a fourth straight day Friday, with prices skidding below $43 a barrel to roughly 14 percent below where they were at the beginning of the week.
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Watch out at the gas station this weekend. Oil and gasoline prices bounced back up this week. Crude oil prices neared $49 a barrel Friday, capping a rise of 7 percent for the week, as
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Crude oil futures were up to $93.53 a barrel at the close of exchange trading today, up $1.67 from Friday.
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Crude oil futures rose to within a quarter of $50 a barrel Monday after a gas leak shut down a North Sea oil production platform and as traders weighed concerns about heating oil supplies against the fact that temperatures have been mild in recent weeks.
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Crude oil futures continued to climb Friday, reaching new record high as decline in the US inventory of heating oil and tight supplies still overshadowed theenergy markets.
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SINGAPORE: Crude oil futures edged up slightly in Asian trade Tuesday after dropping by almost three dollars overnight amid reports of mild US winter conditions, dealers said.