Oil falls 3 percent, healthy inventories weigh
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Oil fell 3 percent to $61 a barrel on Monday as healthy fuel inventories in top consumer the United States countered plans by OPEC members Nigeria and Venezuela to trim output.
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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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London: World oil prices plummeted to the lowest levels for three months on Friday, shedding almost three dollars in New York, as fears of an evaporating supply crunch sent investors packing, analysts said.
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Crude oil futures were little changed after plunging more than 3 percent yesterday when the US Energy Department reported an unexpected rise in inventories.
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NEW YORK  - Global crude prices fell, capping a 13-percent, three-day plunge triggered by news of an unexpectedly sharp gain in US petroloeum stockpiles.
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Crude oil futures plunged by more than 3% yesterday after the US Energy Department announced an unexpected rise in heating oil and crude oil inventories.
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Oil fell toward $61 on Tuesday on   robust U.S. inventories ahead of the winter heating season, but   producer group OPEC said the price slide from peaks this summer   had gone far enough.
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Oil slid for a third day on Wednesday but remained in a narrow trading range below $60 a barrel with little impetus to break out in either direction.
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WASHINGTON -- Oil prices tumbled for a third consecutive day yesterday, briefly falling below $45 a barrel, as geopolitical concerns that had brought the market to a boil in recent weeks appeared to cool off.
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Oil prices fell 3.5 percent to a  three-month low on Tuesday as mild winter weather sapped demand  in the U.S. Northeast, the world's largest heating oil market.
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Oil tumbled more than 2 percent to a three-month low below $87 a barrel on Wednesday amid persistent worries of a recession in top energy consumer the United States.
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World oil prices plummeted to a near three-month low on Thursday, capping a two-day, 12-percent plunge as fear of a global energy supply crunch evaporated.
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Oil prices plunged more than $3 a barrel yesterday -- the largest single-day decline in more than three years -- after the US government reported large increases in the nation's fuel supply, easing fears of a supply crunch as winter approaches.
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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 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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Crude oil futures prices plummeted today, falling by nearly $3 a barrel, as traders shelved concerns about tight winter-fuel supplies.
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Crude oil prices fell by more than $3 yesterday after a federal government report showed larger-than-expected heating oil supplies in the US, easing fears of a shortage this winter.