Crude prices take another tumble
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WASHINGTON -- The likelihood of finding $2-a-gallon gasoline in some parts of the United States is increasing by the day.
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Crude oil fell almost $2 a barrel, the biggest decline in two weeks, after the US Energy Department reported an unexpected rise in inventories.
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Crude futures sold off sharply for a second day in row Thursday, falling below $44 a barrel, as traders focused on rising fuel supplies and the lack of cold weather. The drop to two-month lows triggered an additional wave of technical and speculative selling, traders said.
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Oil futures prices fell sharply Monday, sinking below $50 a barrel on a continuation of last week&#39;s selloff, which was prompted by rising inventories of crude in the United States.
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Crude oil prices plunged below US$44 a barrel in New York today, after government data showed US petroleum stocks rose across the board last week.
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U.S. average retail gasoline prices  fell over the last two weeks and are poised to slip even  further as crude oil prices continue to tumble, an industry  analyst said on Sunday.
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Oil prices fell Wednesday morning after government data showed that the nation&#39;s crude supply grew for the second week in a row.
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The crude oil price, based on the average price package of seven market-monitored crudes, fell to 38.89 dollars a barrel last week, down 2.46 dollars of the price in the previous
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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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U.S. oil prices fell for a second session on Tuesday on worries that high energy costs may crimp economic growth, but crude remained firmly planted above &#36;50 a barrel on persistent 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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WASHINGTON -- Oil prices fell sharply for the second straight day yesterday, falling below $70 a barrel as Tropical Storm Ernesto veered away from the oil and gas region of the Gulf of Mexico.
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Crude oil prices fell by $2.01 to $49.75 per barrel in morning trading on the New York Mercantile Exchange. Oil prices retreated from record closing prices last week, after the US government
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The price of oil sank for the fourth consecutive day yesterday amid profit taking and easing concerns about supply, dipping below $44 US a week after it threatened to hit $50 US.
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Oil prices fell over a dollar on  Thursday, tumbling from a two-week high as traders took profits  after dramatic gains on Wednesday driven by renewed fears over  fuel supplies for the northern winter.
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: Crude futures fell again today, extending a decline over the past two weeks on the belief that rising US oil supplies will meet demand for the Northern Hemisphere winter.
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Crude oil prices fell again Monday, touching a new four-month low Monday, with OPEC&#39;s announced production cut Friday failing to boost the market a second session.