Profit-taking pushes oil prices downward
63935
Oil prices fell sharply yesterday in what traders described as a wave of profit-taking after futures hit a new high above $55 a barrel and after gasoline futures fell sharply on indications of declining demand.
103007
Oil giant BP sees its latest profits fall 12% after it was hit by lower oil prices and higher safety spending.
17294
The price of oil continues sliding downwards, on expectations of warmer weather ahead.
559827
Oil slid further below $58 a barrel on Thursday after its repeated failure to breach $60 triggered a two-percent sell-off the previous day.
327044
Oil prices pulled further back from  the brink of $100 a barrel on Thursday after fresh signs of  weak U.S. oil demand and a Wall Street slump fuelled  profit-taking from a near 40 percent rally in under three  months.
553254
Oil fell below $77 a barrel on Monday as some funds booked profits after OPEC expressed concern over near-record prices and pledged to pump more crude if needed.
374513
Oil dropped more than a dollar towards $89 a barrel on Monday as falling global stock markets spurred profit taking.
60199
Stock prices are lower in some early-session profit-taking. The Dow Jones Industrial Average is down 13 points in today&#39;s early going.
603299
Oil fell below $77 a barrel on Monday as some funds booked profits after OPEC expressed concern over near record prices and pledged to pump more crude if needed.
309231
US oil prices fell below $43 on Monday on continued profit-taking as producer-group OPEC eyed increases in the coming months in its tight spare capacity, countering worries over stumbling Iraqi oil exports.
611524
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.
613903
Ed Silliere, vice president of risk management at Energy Merchant in New York, said the downward momentum was due to profit taking, which began after oil prices momentarily broke the $55 a barrel mark, as well as to signs of lower demand for gasoline.
748244
Chevron Corp. , the No. 2 U.S.  oil company, said on Friday its fourth-quarter profit fell,  pulled down by weaker natural gas prices and refining margins.
121202
Oil eased below $99 a barrel on Friday as investors took profits from a record rally that swept prices above $100 a barrel and heightened concern over the world's economic wellbeing.
639052
Oil prices fell a dollar on Wednesday on profit-taking despite a lingering deep freeze in the United States that was boosting demand for heating oil.
609112
NEW YORK Profit-taking after Wall Street&#39;s nine-session rally left stocks narrowly mixed on Monday even as oil prices continued their downward trend.
58423
Oil prices retreated sharply after setting record highs above $55 a barrel on Monday as dealers took profits on signs that energy costs are hurting economic growth.