Strong inventories send crude oil prices lower
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the steepest one-week plunge since the post September 11 period -- caught energy market observers by surprise. Speculators, who
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Oil prices edged below $49 a barrel on  Wednesday as traders factored in expectations for petroleum  stock builds in weekly U.S. inventory data that would ease  supply worries ahead of peak northern winter demand.
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Oil prices drop by nearly 7% as US government data showed a larger-than expected increase in crude inventories.
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Oil prices fell Wednesday as traders awaited the release of a U.S. government inventory report expected to show increases in supplies of crude, gasoline and distillates.
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Oil fell more than 2 percent on Wednesday after weekly U.S. inventory data showed a much bigger than expected rise in crude stockpiles heading into peak winter demand.
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Oil prices ticked lower on Thursday for the third day in a row as rising U.S. gasoline supplies countered a surprise drop in crude inventories in the world's largest energy consumer.
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Oil prices fell yesterday after U S government data showed rising supplies of crude. Natural gas futures declined on the heels of a separate report that showed healthy domestic inventories of the home-heating fuel.
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Crude oil futures fell below $47 a barrel yesterday as the US government's latest petroleum report showed an unexpected rise in gasoline inventories and a surprising decline in the nation's oil supply.
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WASHINGTON -- Oil prices fell by more than $1 a barrel yesterday after the US government released data showing healthy crude inventories and a surge in domestic fuel supplies .
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Crude oil futures slid Thursday to their lowest levels in more than two weeks as concerns over supplies ahead of the Northern Hemisphere winter eased because of a rise in US inventories.
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Crude oil prices fell below 51 dollars a barrel Thursday as supply concerns ahead of the winter eased after an high rise in US inventories.
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Oil prices edged below &#36;49 a barrel on Wednesday as traders looked ahead to an expected build in weekly U.S. inventory data that would help bolster the thin supply cushion ahead of peak northern winter demand.
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Crude futures prices fell sharply today, dropping below $54 a barrel, as traders shelved concerns about tight winter-fuel supplies and focused on government data showing faster-than-expected growth in US oil inventories.
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U.S. blue chips were down on Wednesday  on a sharp rise in oil prices after oil inventories rose less  than expected and a few Dow components disappointed investors  with their earnings and outlooks.
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U.S. stocks were lower on Wednesday as  oil prices jumped back above $54 a barrel after the government  reported a smaller-than-expected increase in crude oil  inventories and a few blue-chip companies disappointed  investors with their earnings and outlooks.
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Crude oil futures fell in London on Friday, ending the week 7.5 percent lower after a recent report showed an unexpected gain in US inventories of distillate fuels such as heating oil.
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Oil prices continued falling on Thursday after an unexpectedly large rise in U.S. crude inventories spurred profit-taking from record highs.