Oil price falls after good news
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The price of oil falls for the fourth day in a row, aided by an increase in Iraqi exports and data showing better than expected petrol stocks in the US.
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Oil prices fell 5 percent on Monday as forecasts of a return to mild winter weather in the US Northeast eased worries about heating oil suppplies.
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The price of oil dropped almost 8 percent this week, amid signs that some of the speculators who pushed the price close to $50 a barrel have bailed out.
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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 eased on Monday as speculative funds continued to take profits but a tight global supply picture stopped the selling from gaining much momentum.
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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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OIL prices retreated in New York and rose marginally in London today as worries about the impact of Hurricane Frances subsided. New York&#39;s reference contract, light sweet crude for October delivery, tumbled
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Oil prices fell on Tuesday as an expected increase in US heating fuel supplies eased concerns over an inventory crunch should this winter&#39;s weather prove colder than normal.
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Oil prices fell nearly 2 percent on  Wednesday after a U.S. government report showed a surprisingly  large increase in crude supply last week.
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Oil prices fell on Monday, extending the  previous session&#39;s decline, after remarks by oil producer group  OPEC that it was concerned about the potential impact of high  oil prices on the global economy.
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World oil prices fell on Thursday,  resuming a two-week slide as rising crude inventories eased  concerns over winter fuel supplies.
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Oil prices dropped nearly 6.5 percent in thin holiday trade on Monday as forecasts of a return to mild winter weather in the US Northeast eased worries about heating oil supplies.
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Oil prices fell again on Tuesday, easing  U.S. crude below $53 a barrel, on signs that energy costs are  slowing the economic growth that fueled this year's sharp  increase in world petroleum consumption.
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The historic oil-price climb is finally easing - giving the US economy some more wind in its sails. Crude-oil prices dropped sharply yesterday and are expected to slide lower
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Oil prices edged lower on Thursday, adding to a near 2 percent sell off the previous day caused by a smaller-than-expected drop in U.S. heating fuel inventories.
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Oil prices fell again Thursday as worries over supply disruptions eased. New York light sweet crude ended the day just over $43, and OPEC president Purnomo Yusgiantoro said the cartel hoped
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LONDON: Oil prices fell again on Tuesday, briefly taking US crude below $53 a barrel, on signs that energy costs are slowing the economic growth that drove this yearâs sharp increase in world fuel consumption.