Oil Drops Over $1 After U.S. Stocks Swell
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Oil prices fell more than a dollar on  Wednesday as U.S. data showing builds in crude and product  inventories unwound fears for winter fuel shortages.
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Stocks fell on Friday after oil prices  climbed to a record over $53 a barrel and weaker-than-expected  U.S. job growth in September raised concerns about the  economy's strength with less than a month to go before the  presidential election.
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Oil eased after surging to a record high above $90 a barrel earlier on Friday as tight fuel stocks ahead of winter and a softening U.S. dollar spurred investor buying.
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Stocks fell sharply on Wednesday after  oil prices jumped more than a dollar to over $48 a barrel and  investment bank Morgan Stanley MWD.N reported a drop in its  quarterly profit.
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U.S. stocks ended lower on Thursday as  oil prices climbed above $48 a barrel, prompting investor worry  about the effect of high fuel costs on corporate profits and  consumer demand.
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U.S. stocks rose on Wednesday after  oil plunged nearly $2 a barrel following a surprise jump in  crude inventories last week.
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U.S. blue-chip stocks fell on Thursday  and crude oil prices touched $49 a barrel as traders saw a  possible oil loan from U.S. government reserves as too small to  make up for supply disruptions caused by Hurricane Ivan.
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NEW YORK, Nov 23  - Wall Street shares slid on Tuesday as oil prices surged higher and investors sensed weaknesses in the technology sector.
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U.S. oil prices fell more than $1 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.
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Oil prices dipped on Thursday after  leaping to a lifetime high of $100 the day before amid a  new-year rush of investor demand fuelled by expectations of  thinning U.S. stockpiles, the falling U.S. dollar and  geopolitical risks.
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U.S. stocks finished sharply lower on Wednesday, the first trading day of 2008, after data showed a surprise contraction in manufacturing and oil surged to $100 a barrel, heightening concerns about the economy's outlook.
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U.S. stocks fell on Thursday as  investor worries about high energy costs hurting corporate  profits kept indexes lower after oil prices broke through $48 a  barrel.
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U.S. stocks slid on Thursday, ending  four days of gains as oil prices continued their march higher,  but Google Inc. GOOG.O created a buzz as shares of the  Internet search company surged on their debut.
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U.S. stocks opened lower on Wednesday  with oil prices rebounding on fresh supply disruptions and  investors cautious before Friday's jobs figures amid concerns  of possible attacks and disruptions to the Republican party's  convention in New York.
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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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By The Associated Press. A sharp drop in oil prices gave Wall Street some relief yesterday, with stocks edging higher on news that oil production soared in September.
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Oil prices fell $1 on Tuesday as an  expected increase in U.S. heating fuel supplies eased concerns  over an inventory crunch should this winter's weather prove  colder than normal.