Oil slides $4 to below $90 a barrel
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Oil fell $4 to below $90 a barrel on Tuesday, plummeting from its record high in a broad commodity sell-off sparked by uncertainty over how aggressive the U.S. Federal Reserve will be in fueling economic growth.
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NEW YORK Oil prices have skidded below 48 dollars a barrel after the US government reported increases in the nation&#39;s supply of crude oil and distillate fuel, which includes heating oil.
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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 tumbled again on Monday to an  8-week low under $46 a barrel, as growing fuel stocks in the  United States eased fears of a winter supply crunch.
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Oil prices fell to a four-week low yesterday, briefly dropping below $50 a barrel, as traders grew less concerned about possible threats to supplies.
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Crude oil futures shot past $90 a barrel, adding to concerns as the latest indicators on new home sales and manufactured goods continued to point to a weakening U.S. economy.
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Oil prices slid to a five-week low on  Friday, continuing a downturn that has slashed almost 13  percent from record highs as rising stockpiles have eased  worries of a winter supply crunch.
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Oil prices fell again on Tuesday, taking  U.S. crude below $53 a barrel, on signs that energy costs are  slowing the economic growth that drove this year's sharp  increase in world fuel consumption.
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Oil tumbled more than $3 to below $95 a barrel on Monday as unseasonably warm weather and worries of a looming recession in top oil consumer the United States outweighed fresh tensions between Iran and the U.S.
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Oil tumbled more than two dollars on Tuesday to below $59 a barrel, sinking to the lowest level since February and prompting OPEC's president to call on the exporter group to deepen supply cuts.
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Oil prices tumbled again on Monday,  sliding to an 8-week low under $46 a barrel, as growing fuel  stocks in the United States eased fears of a winter supply  crunch.
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Oil prices fell Thursday, failing to top the $100-a-barrel mark, despite a larger-than-expected fall in crude inventories.
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U.S. oil prices slid more than half a  dollar to below $44 a barrel on Monday as unusually mild winter  weather in the United States curtailed demand.
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Crude oil futures sank for a fourth straight day yesterday, settling beneath $43 a barrel for the first time in nearly three months and capping a 14 percent decline for the week.
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Oil prices fell again on Tuesday, easing  U.S. crude below $53 a barrel, on signs that energy costs are  slowing the economic growth that fueled this year's sharp  increase in world petroleum consumption.
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Crude oil prices fell to the lowest level in four months Tuesday as traders speculated that warm weather and increased refinery output had bolstered US heating-oil supply last week.
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Oil eased on Friday, but stayed within sight of its $90 peak, supported by tight fuel stocks ahead of winter and a softening U.S. dollar.