Oil Prices Slide After U.S. Stockbuild
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Oil prices slid on Thursday after a  bigger-than-expected rise in U.S. fuel inventories soothed  worries of a winter squeeze.
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WASHINGTON -- Oil prices fell by more than $1 a barrel yesterday after the US government released data showing healthy crude inventories and a surge in domestic fuel supplies .
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Crude oil prices tumbled again Monday, sliding to an 8-week low, under $46 a barrel, as growing fuel stocks in the United States eased fears of a winter supply crunch.
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Oil prices tumbled again on Monday to an  8-week low under $46 a barrel, as growing fuel stocks in the  United States eased fears of a winter supply crunch.
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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 prices fell Thursday, failing to top the $100-a-barrel mark, despite a larger-than-expected fall in crude inventories.
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Oil prices fell sharply from near record  peaks on Wednesday after a larger-than-expected build in U.S.  crude stocks spurred traders to take profits from a fierce  rally.
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Oil prices slid more than $3.50 a barrel  on Wednesday, the biggest drop since September 2001, as a  larger-than-expected build in U.S. heating stocks soothed  worries about a winter fuel deficit.
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US oil prices slid more than half a dollar to below $44 a barrel on Monday as unusually mild winter weather in the United States curtailed demand.
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Oil prices tumbled again on Monday,  sliding to an 8-week low under $46 a barrel, as growing fuel  stocks in the United States eased fears of a winter supply  crunch.
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The Dow industrials and S&P 500 fell on Monday as a drop in oil prices weighed on shares of energy companies including Exxon Mobil Corp .
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Oil prices fell Wednesday as traders awaited the release of a U.S. government inventory report expected to show increases in supplies of crude, gasoline and distillates.
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Oil prices ticked lower on Thursday  for the third day in a row as rising U.S. gasoline supplies  countered a surprise drop in crude inventories in the world's  largest energy consumer.
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Oil prices tumbled Wednesday after a report showing a bigger jump in crude oil inventories than traders and analysts had been expecting.
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Oil slid to around $58 a barrel on Wednesday, taking losses for the week to more than 7 percent and London Brent crude to its lowest this year, on forecasts of a further rise in bulging U.S. fuel stockpiles.
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Global oil prices fall back from 11-month highs after US data showed a fall in crude stockpiles but rise in petrol stocks.
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US stocks slipped on Monday in a quiet day on Wall Street as the price of oil dropped below $42 a barrel and knocked down shares of energy-related companies such as Exxon Mobil Corp.