OIL SLIDES TO $46.85 A BARREL, A 2-MO. LOW
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Crude oil prices continued down their slippery slope yesterday, hitting a two-month low after Iran&#39;s government took steps to dampen political tensions with the United States.
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Oil fell nearly $2 a barrel on Wednesday  after a U.S. government report showed larger-than-expected  increases in crude and gasoline stockpiles in the world&#39;s  biggest consumer.
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US oil prices slid more than half a dollar to below $44 a barrel on Monday as unusually mild winter weather in the United States curtailed demand.
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Oil fell below $61 a barrel on Wednesday   after a larger-than-expected increase in fuel inventories in   the United States, the world's largest oil consumer.
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U.S. oil prices slid below &#36;46 on Tuesday, marking the third successive session of falls as Iraqi exports returned to near normal, although supply uncertainties kept the market close to historic levels.
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Oil prices fell sharply yesterday after briefly passing $54 a barrel amid nagging concerns in the market that the global supply buffer is too thin to handle a significant output disruption.
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WASHINGTON: Oil prices retreated slightly yesterday after surpassing $54 a barrel amid nagging concerns in the market that the global supply buffer is too thin to handle a significant output disruption.
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Oil prices tumbled to an 11-week low  below $44 a barrel on Thursday, deepening a dramatic slide  after an increase in U.S. heating oil stocks triggered heavy  selling from big-money speculative funds.
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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.
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Oil slid further below $58 a barrel on Thursday after its repeated failure to breach $60 triggered a two-percent sell-off the previous day.
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Oil fell back toward $62 on Friday after   OPEC member Nigeria appeared to be alone in its decision to   trim output to stem a two-month price slide.
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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 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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Oil slid below $63 a barrel on Friday   touching its lowest level since March as U.S. fuel stockpiles   grew ahead of winter and investors probed for a price that   would trigger an OPEC supply cut.
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Oil fell below $93 per barrel 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 prices dipped below $46 on Tuesday  in a third day of falls as a more optimistic Iraq export  picture helped unwind some of the supply worries that have  lifted the market to historic levels.
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Oil fell $4 to below $90 a barrel on Tuesday, plummeting from its record high in a broad commodity sell-off sparked by uncertainty over how aggressive the U.S. Federal Reserve will be in fueling economic growth.