Oil Prices Slip After Weekly US Energy Report
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Crude oil futures rose Wednesday ahead of an extended weekend for traders, even though weekly government data showed rising domestic inventories of crude and distillate fuel, which includes heating oil.
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World oil prices slipped Monday, tracking a slump in global stock markets as investors worry about slowing economic growth and a risk of recession in the United States.
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Oil prices dropped again on Friday,  bringing this week's slide to nearly 15 percent, as warm  weather in the U.S. Northeast and disappointing U.S. jobs data  darkened prospects for energy demand.
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Crude oil futures fell in London, ending the week 7.7 percent lower after a report two days ago showed an unexpected gain in US inventories of distillate fuels such as heating oil.
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Oil prices eased from new highs on Friday as dealers pocketed profits from a long record-breaking run after escalating violence in Iraq took US crude close to $50 a barrel.
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Oil prices followed U.S. stocks lower on   Friday as slowing economic growth raised fears demand could   falter for the world's biggest energy consumer.
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CAMARILLO, Calif. Nov 7, 2004 - An increase in the worldwide supply of crude oil contributed to a dip in US prices at the gas pump over the last two weeks, an industry analyst said Sunday.
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NEW YORK - Oil prices slipped from their record highs Wednesday ahead of the weekly report on U.S. inventories, but stocks continued their slide as investors considered the long-term implications of the flu vaccine shortage...
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NEW YORK - Oil prices slipped from their record highs Wednesday ahead of the weekly report on U.S. inventories, but stocks hovered close to unchanged levels as investors considered the long-term implications of the flu vaccine shortage...
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An increase in the worldwide supply of crude oil contributed to a dip in US prices at the gas pump over the last two weeks, an industry analyst said Sunday.
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US oil prices hovered below $50 a barrel on Tuesday, deepening a week-long $5 slump after some traders cashed in profits from this year&#39;s record-breaking rally ahead of the US presidential election.
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US oil prices hovered just below $50 a barrel on Tuesday, holding recent gains on a rash of crude supply outages and fears over thin heating oil tanks.
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Oil prices steadied below $70 on   Wednesday as dealers weighed tensions over Iran's nuclear   program against robust crude inventories in the United States,   the world's largest energy consumer.
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Oil prices slipped on Thursday, holding most of the previous day&#39;s gains after car bombs in Riyadh rekindled fears over Middle East supply security, one factor behind a rally that pushed the average US crude price 34 percent higher
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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.
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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 Thursday after moving close to US$49 a barrel as markets digested news of a rise in crude inventories but lower-than-expected US heating oil stocks.