Oil Extends Slide After Crude Build Slump
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Oil extended its retreat on Thursday, taking two-day losses to 6 percent after an unexpectedly large rise in US crude inventories spurred speculative funds to take profits out of record high prices.
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Battered oil prices fell again on Friday, extending this week&#39;s 14 percent slide, as disappointing US jobs data deepened a slump driven by easing worries about winter supplies.
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Oil prices extended heavy recent losses  on Wednesday as U.S. government data showed crude stocks  building for an eighth straight week ahead of winter.
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Oil prices slipped further from record highs on Wednesday as traders locked in profits after the market's &#36;10 surge since mid-August.
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: Crude futures fell again today, extending a decline over the past two weeks on the belief that rising US oil supplies will meet demand for the Northern Hemisphere winter.
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Oil prices slid on Thursday after a  bigger-than-expected rise in U.S. fuel inventories soothed  worries of a winter squeeze.
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Crude oil futures extended their decline, after falling 3 percent yesterday when a US report showed an unexpected rise in distillate and crude supplies.
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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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Oil prices fell more than a dollar on Wednesday as U.S. data showing builds in crude and product inventories unwound fears for winter fuel shortages.
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Oil slid more than a dollar on  Thursday, resuming a two-week decline that has cut 15 percent  from prices, as rising crude inventories have eased concerns of  a winter fuel crunch.
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OIL prices extended heavy recent losses as United States government data showed crude stocks building for an eighth straight week ahead of winter.
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Oil prices fell more than a dollar on  Wednesday as U.S. data showing builds in crude and product  inventories unwound fears for winter fuel shortages.
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Oil slid towards $79 a barrel on Friday, as a hurricane subsided in the Gulf of Mexico, though prices held near the previous day's record high on supply worries ahead of peak winter demand.
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Oil prices fell from near record peaks  on Wednesday after a sharp build in U.S. crude stocks spurred  traders to take profits.
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Oil extended losses for the seventh   consecutive session on Tuesday, retreating to under $65 a   barrel after Iran sounded a softer note on its atomic program   and OPEC agreed to keep production steady for now.
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Oil prices plunged below $44 a barrel Thursday, extending a dramatic sell off sparked by Wednesday&#39;s government report showing crude and distillate inventories rose more-than-expected last week.
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Oil prices fell heavily from near record  peaks on Wednesday after a sharp build in U.S. crude oil stocks  spurred traders to take profits from a fierce rally.