Oil prices fall for third straight day
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The price of crude oil fell for a third straight day today, brought down from a midweek record high by news of higher-than-expected US stocks and by Chinaâs latest moves to cool its economy.
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Oil prices fell about 3 percent ion  Monday, reversing some of last week's sharp gains, on a milder  forecast for the U.S. Northeast.
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Oil prices fell 3.5% to a three-month low yesterday as mild winter weather sapped demand in the US Northeast, the world&#39;s largest heating oil market.
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Oil prices plunged more than $3 a barrel yesterday -- the largest single-day decline in more than three years -- after the US government reported large increases in the nation's fuel supply, easing fears of a supply crunch as winter approaches.
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Oil prices extended their decline on Wednesday to below $88 a barrel as poor U.S. economic data reinforced fears that the world's largest economy is on the brink of a recession, knocking stock markets lower.
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Oil prices plunged more than $3 a barrel Wednesday -- the largest single-day decline in more than three years -- after the U.S. government reported large increases in the nation's fuel supply, easing fears of a supply crunch as winter approaches.
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Oil prices slid more than $3.50 a barrel  on Wednesday, the biggest drop since September 2001, as a  larger-than-expected build in U.S. heating stocks soothed  worries about a winter fuel deficit.
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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 slid for a third day on Wednesday  but remained in a narrow trading range below $60 a barrel with  little impetus to break out in either direction.
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Oil prices dipped below $46 on Tuesday in a third day of falls as a more optimistic Iraq export picture helped unwind some of the supply worries that have lifted the market to historic levels.
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U.S. gasoline prices fell for the  third week in a row as the latest pump price dropped a slight  0.4 cent over the last week to $1.846 a gallon, the government  said on Monday.
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: Crude futures fell again today, extending a decline over the past two weeks on the belief that rising US oil supplies will meet demand for the Northern Hemisphere winter.
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Oil prices extended losses below $46 on  Tuesday in a third day of falls as a more optimistic Iraq  export picture helped unwind some of the supply worries that  have lifted the market to historic levels.
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OIL prices fell today despite new sabotage attacks on Iraqi pipelines and worries about tropical storm Frances, with the New York market closed for the Labour Day holiday.
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Crude oil fell for a third day, reaching an 11-week low, as rising US inventories caused speculators to reverse bets that prices would rise.
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Oil prices dipped below $46 on Tuesday, making a third day of falls as a more optimistic Iraq export picture unwound some of the supply worries that have lifted the market to historic levels.
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Oil fell more than three dollars from its record high on Tuesday in a broad commodity sell-off sparked by uncertainty over how aggressive the U.S. Federal Reserve will be in fueling economic growth with further interest rate cuts.