Oil falls below $89 on economy concerns
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LONDON/SYDNEY  - Oil fell more than $1 to a one-month low below $89 a barrel on Monday, weighed down by concerns that a recession in top consumer the United States could drag down other economies and hurt oil demand.
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Oil prices fell below &#36;73 a barrel on  Tuesday in thin trade, but nagging fears about supply  disruption and expectations of strong U.S. demand for gasoline  were expected to prevent a deeper sell-off.
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Oil fell below $63 a barrel on Friday,   its lowest level since March, as ample U.S. fuel stocks looked   set to meet winter heating demand in the world's biggest   consumer.
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Stocks closed mostly lower yesterday as record oil prices and economic data showing slower-than-expected growth last month weighed on the markets.
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Oil prices followed U.S. stocks lower on   Friday as slowing economic growth raised fears demand could   falter for the world's biggest energy consumer.
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Oil fell towards $77 a barrel on Monday after OPEC expressed concern over near record prices and said it was prepared to pump more crude if needed.
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Oil prices fell nearly 1 percent to below $93 a barrel on Tuesday, fading from their latest record high as investors took profits from a rally driven by a Mexican supply outage and the spiralling dollar.
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Oil prices fell again on Tuesday on  signs that high energy costs are slowing the economic growth  that has fueled this year's sharp increase in world oil  consumption.
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Oil fell below $77 a barrel on Monday as some funds booked profits after OPEC expressed concern over near record prices and pledged to pump more crude if needed.
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Oil fell below $77 a barrel on Monday as some funds booked profits after OPEC expressed concern over near-record prices and pledged to pump more crude if needed.
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Oil cut some of its losses to trade around $89 a barrel on Tuesday after the U.S. Federal Reserve took emergency action to help prevent the world's biggest fuel consumer from tipping into recession.
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Oil prices fell Thursday after moving close to US$49 a barrel as markets digested news of a rise in crude inventories but lower-than-expected US heating oil stocks.
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Oil fell sharply toward $87 a barrel on Monday as part of a broad-based commodities sell-off on concerns over the health of the U.S. economy and a recovery in the U.S. dollar.
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Oil fell below $93 per barrel on Monday in thin trade as mild weather swept across the key heating regions of the United States, cutting fuel demand.
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Oil settled at a one-month low on Tuesday amid intensifying worry a weak U.S. economy could trigger a global slowdown in energy demand.
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US oil prices fell below $43 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 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.