Oil price falls back from high in wake of referendum
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OIL prices were easing back from their recent record highs yesterday as the cost of a barrel dipped below the $46 mark.
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Oil prices briefly raced above $47 a barrel yesterday, then backed off after worries faded about colder weather in the United States and about rough weather that slowed efforts to restore crude production in the North Sea.
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Oil prices eased from record highs on  Monday as victory for Venezuelan President Hugo Chavez in a  referendum on his rule eased fears that unrest could upset the  country's oil exports.
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Oil prices fell on Monday, extending the previous session's decline, after remarks by oil producer group OPEC that it was concerned about the potential impact of high oil prices on the global economy.
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Oil fell back below $50 on Thursday, resuming a downturn that has cut prices 11 percent from record highs and ending a brief rally following President Bush&#39;s US election victory.
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LONDON, United Kingdom -- Oil prices fell back from record highs Monday, ducking below 50 dollars in New York as fears of disruption to supplies from Nigeria receded after a peace deal between rival gangs in the oil-rich Niger Delta.
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London oil prices fell briefly through $40 on Thursday for the first time in three weeks, extending four sessions of heavy losses made as renewed exports from Iraq and higher-than-expected US gasoline inventories encouraged big-money
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Oil prices fell sharply last night, taking US crude below $50 ahead of the US presidential election. US light crude dipped as low as $49.
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WASHINGTON -- Oil prices fell to a five-month low yesterday amid easing gasoline demand and growing doubts among some traders that Iran will pull supplies off the market.
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Oil prices fell heavily in London, mirroring large losses seen in New York the day before over easing tensions in Iraq.
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Oil prices fall by more than $2 after Cyclone Gonu weakens in the Gulf and amid concerns about higher interest rates.
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NEW YORK -- Oil prices pulled back after briefly surpassing $62 a barrel yesterday, as traders regarded forecasts of warm US weather as an opportunity to take some profits.
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Uncertainty ahead of the U.S.  presidential election is playing some role in high oil prices,  but don't expect a big energy sell-off after the ballots are  counted, oil experts said on Tuesday.
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Oil prices dropped by more than $1 on   Monday after OPEC agreed to keep pumping at high rates to   ensure world consumers were well-supplied despite a 20 percent   fall in prices since mid-July.
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Oil prices fell on Thursday as the U.S.  government considered whether to release crude from the U.S.  petroleum reserve after Hurricane Ivan sliced into supplies.
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Oil prices fell yesterday after rising nearly $2 the previous session after two car bombs in Saudi Arabia rekindled fears over the security of Middle East supplies - one of the factors behind this year&#39;s overall 32 per cent rally.
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Amid indications that US President George W Bush is all set to return to the White House for a second term, oil prices, which had dropped below $50 a barrel on Monday crept back to $51 before settling at $50.