Oil prices fall after US report
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Oil prices continued to fall on Thursday after an unexpectedly large increase in crude stocks in the US. A barrel of US light crude was down 96 cents to $51.
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OIL prices eased, trimming gains from a US$1 rally the previous day following President George Bushâs US election victory. US light crude eased 19 cents to $50.
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Oil prices fell sharply on Wednesday  after a U.S. government report showed a big increase in  national petroleum stockpiles, easing worries of a crunch at  the height of the winter heating season.
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The price of crude oil fell for a third straight day on Friday, sliding back toward the US$50 mark after a surprising midweek US petroleum stocks report and China&#39;s latest moves to cool its economy.
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Oil fell to $87 on Wednesday after a  larger-than-expected build in U.S. crude stocks and growing  fears of a U.S. recession.
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Oil prices fell on Thursday, extending  losses triggered the previous session by U.S. data showing a  big rise in stocks of winter heating fuels in the United States  as mild weather suppressed demand.
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Crude oil prices fell Thursday after the Organization of Petroleum Exporting Countries (OPEC) lowered its forecasts for growth in global demand this year and next.
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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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Global oil prices fall back from highs of more than $74 a barrel as US stockpiles grow.
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LONDON - Oil prices have fallen after forecasts of mild US weather prompted traders to take profits from a rally that has added over 30 per cent to the cost of crude this year.
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The price of oil sank for the fourth consecutive day yesterday amid profit taking and easing concerns about supply, dipping below $44 US a week after it threatened to hit $50 US.
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Oil fell more than $1 a barrel on Wednesday after a U.S. government report showed larger-than-expected increases in crude and gasoline stockpiles in the world's top consumer.
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The price of crude oil falls by more than a dollar in New York, as mild weather in northern US states eases demand for heating oil.
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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 fall for a fourth day, in advance of US figures that are expected to show a rise in inventories.
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Oil futures prices fell Wednesday after an American government report showed US supplies of crude rising sharply, allowing traders to shrug off the fact that inventories of heating oil are still tight.
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US stockpiles of crude oil fell by 1.3 million barrels last week, the government reported Wednesday, sending prices to another record high.