Oil Prices Tick Down After Rally
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Oil prices ticked lower on Thursday, holding most of the previous day&#39;s gains after two car bombs in Saudi Arabia rekindled fears over Middle East supply security, one
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Oil prices ticked lower on Thursday, holding most of the previous day's gains after two car bombs in Saudi Arabia rekindled fears over Middle East supply security, one of the factors behind this year's 34 percent rally.
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Oil prices fell yesterday after an early rally in jittery trading due to hurricane speculation and light volume.
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Oil prices slipped on Monday but held  above $49 a barrel as easing concerns about a winter supply  crunch pulled the market further away from record highs set two  weeks ago.
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Oil prices fell to seven-week lows near $47 a barrel on Wednesday as traders braced for another increase in US oil and gas inventories.
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Oil prices fell on Thursday as forecasts  of mild U.S. weather prompted traders to take profits from a  rally that has added 30 percent to the cost of crude this year.
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Oil fell on Thursday as traders took profits from a record rally that had pushed oil to $100 a barrel two days in a row -- a level that has raised a red flag over global economic growth.
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Oil prices fell to seven-week lows below  $47 a barrel on Wednesday as traders braced for another  increase in U.S. oil and natural gas inventories.
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Oil prices ticked lower on Thursday,  holding most of the previous day's gains after two car bombs in  Saudi Arabia rekindled fears over Middle East supply security,  one of the factors behind this year's 34 percent rally.
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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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NEW YORK - A sharp drop in oil prices gave Wall Street a small relief rally Monday, with stocks staying mixed after falling earlier in the session. Blue chips were held back by fears that the dip in oil prices would be temporary...
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The biggest one-day drop in the price of crude oil in more than three years ignited a rally Wednesday that sent the Dow Jones industrial average up by more than 160 points.
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Oil prices receded on Friday as dealers took profits from a record rally over $90 a barrel that was spurred on by winter supply worries and the weakening U.S. dollar.
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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 eased back below $59 a barrel as investors focused on U.S. fuel data due later on Wednesday that is expected to show a rise in gasoline stocks in the world's top consumer.
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OIL prices eased, trimming gains from a US$1 rally the previous day following President George Bushâs US election victory. US light crude eased 19 cents to $50.
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Oil prices fell on Monday to a 7-week  low under $47 a barrel, as growing fuel stocks in the United  States eased fears of a winter supply crunch despite a cold  snap in North America at the weekend.