Oil Extends Slide After Stockbuild Drop
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Oil prices continued falling on Thursday after an unexpectedly large rise in US crude inventories spurred profit-taking from record highs.
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Oil fell below $61 a barrel on Tuesday, extending a 3 percent drop in the previous session, as forecasts for a further build in fuel stocks in the United States offset slight cuts in OPEC output.
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Oil prices continued falling on  Thursday after an unexpectedly large rise in U.S. crude  inventories spurred profit-taking from record highs.
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LONDON, Nov 18  - Oil prices continued their decline Thursday after a brief rally on the back of renewed concerns over heating oil stocks in the United States fizzled out.
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Stocks extended their slide on Tuesday, sending the Dow Jones industrial average down more than 500 points as China's equity market sell-off fanned concerns about equity valuations there and some data indicated U.S. economic growth may slow.
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Stocks extended losses on Friday, sending major indexes down more than 1 percent, after manufacturer Caterpillar Inc's  disappointing profit and a pullback in oil prices hit shares of energy companies.
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Battered oil prices fell again on Friday, extending this week&#39;s 14 percent slide, as disappointing US jobs data deepened a slump driven by easing worries about winter supplies.
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Crude oil fell, extending yesterday&#39;s 4.1 percent decline, as rising OPEC production and US inventories eased concern about winter fuel shortages.
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World oil prices slid $3 a barrel on  Wednesday, shedding nearly 7 percent, as a larger-than-expected  build in U.S. heating stocks soothed worries about a winter  fuel deficit.
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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 fell heavily from near record  peaks on Wednesday after a sharp 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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Oil fell on Monday, extending the  previous session's decline, as the market mulled over gloomy  U.S. economic data and the impact on demand should the world's  top energy consumer slip into recession later this year.
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U.S. stocks fell on Tuesday, with crude oil extending a decline and weighing on energy stocks, while a chip maker's earnings warning hurt the tech sector.
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Oil extended its retreat by more than  $1 on Thursday after an unexpectedly large rise in U.S. crude  inventories spurred speculative funds to take profits out of  record high prices.
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Oil fell more than a dollar on Wednesday after U.S. inventory data showed a much bigger-than-expected rise in crude stockpiles.
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Oil extended its retreat on Thursday, taking two-day losses to 6 percent after an unexpectedly large rise in US crude inventories spurred speculative funds to take profits out of record high prices.