Profit-taking pushes oil prices downward
63935
Oil prices fell sharply yesterday in what traders described as a wave of profit-taking after futures hit a new high above $55 a barrel and after gasoline futures fell sharply on indications of declining demand.
135176
OIL prices fell again yesterday as forecasts of mild weather in the United States prompted traders to take profits from a rally that has added more than 30 per cent to the cost of crude this year.
397254
Oil prices fell on Thursday as forecasts  of mild U.S. weather prompted traders to take profits from a  rally that has added 30 percent to the cost of crude this year.
252918
NEW YORK -- Oil prices plummeted below $44 a barrel yesterday, sinking for the fourth consecutive day, as supply fears receded, gasoline futures plunged and profit- taking took over.
755701
Oil prices dropped sharply today in what traders called a wave of profit-taking sparked by a steep drop in gasoline futures. In afternoon trading, November crude futures traded at US$53.
309231
US oil prices fell below $43 on Monday on continued profit-taking as producer-group OPEC eyed increases in the coming months in its tight spare capacity, countering worries over stumbling Iraqi oil exports.
497871
Oil prices fell nearly 1 percent to  below $93 a barrel on Tuesday, fading from their latest record  high as investors took profits from a rally fuelled by a  Mexican supply outage and the spiraling dollar.
732296
Oil fell on Monday, extending the  previous session's decline on profit taking from record highs,  but hovered near $88 on simmering geo-political tensions and a  weak dollar.
131836
Oil prices declined Monday in what traders describe as profit-taking after futures hit a new high above $55 a barrel. November crude futures fell $1.
707913
U.S. stocks looked set to open lower  on Monday as oil prices approach record levels, fueling  concerns that high energy costs are biting into corporate  profits and consumer spending.
42989
Oil fell on Monday, extending the previous session's decline on profit taking from record highs, but hovered near $88 on simmering geo-political tensions and a weak dollar.
609112
NEW YORK Profit-taking after Wall Street&#39;s nine-session rally left stocks narrowly mixed on Monday even as oil prices continued their downward trend.
103007
Oil giant BP sees its latest profits fall 12% after it was hit by lower oil prices and higher safety spending.
764703
U.S. oil prices fell below $43 on  Monday on continued profit-taking as producer-group OPEC eyed  increases in the coming months in its tight spare capacity,  countering worries over stumbling Iraqi oil exports.
626819
Oil fell on Thursday as traders took profits from a record rally that had pushed oil to the psychological $100 a barrel mark two days in a row -- a level that has raised a red flag over economic growth.
156233
Oil prices retreated sharply after  setting record highs above $55 a barrel on Monday as dealers  took profits on signs that energy costs are hurting economic  growth.
715411
Annual profits rise sharply at oil giant Chevron but a slump in gas prices leads to a drop in profits in the final quarter.