Fall in price of oil reflects rising supply
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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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WASHINGTON -- Oil prices fell by more than $1 a barrel yesterday , dipping below $67 as traders focused on slackening demand and rising supplies.
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Oil prices dropped more than 3 percent   on Tuesday, resuming the steepest slide in more than a decade   as high inventories eased supply worries ahead of winter and   countered concern over simmering geopolitical tensions.
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The crude oil price, based on the average price package of seven market-monitored crudes, fell to 38.89 dollars a barrel last week, down 2.46 dollars of the price in the previous
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Oil prices fell on Tuesday as an expected increase in US heating fuel supplies eased concerns over an inventory crunch should this winter&#39;s weather prove colder than normal.
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Oil prices fell Wednesday after the government reported that US inventories of crude rose 3.4 million barrels last week, surprising many traders and analysts who had expected to see supplies shrink because of lingering output problems
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Oil prices fell 3 percent on Wednesday  after a U.S. government report showed a surprise increase in  fuel stockpiles last week in the world's largest energy  consumer.
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Crude oil prices fell Tuesday as traders expected that an upcoming government report would show rising inventories of heating oil.
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Oil prices fell about 3 percent on  Wednesday after U.S. crude supply rose while distillate fuel's  slip in inventory was within market expectations.
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Oil prices continued their downturn on Friday, retreating from recent highs to their lowest level in five weeks, as rising US stockpiles ease supply fears.
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LONDON  - Oil prices see-sawed, failing to sustain a brief rally on news of a surprise fall in US distillate stockpiles, including heating fuel, and an unexpectedly small increase in crude inventories.
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Crude oil fell, extending yesterday&#39;s 4.1 percent decline, as rising OPEC production and US inventories eased concern about winter fuel shortages.
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An increase in the worldwide supply of crude oil contributed to a dip in US prices at the gas pump over the last two weeks, an industry analyst said Sunday.
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OIL prices tumbled yesterday as the market took fright at signals that the cost of energy may be choking back the rate of growth in the economy.
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Oil prices fall 7.4% on US data showing a larger-than expected increase in crude supplies - sparking Wall Street to a nine month high.
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Oil prices fell toward $87 a barrel on Wednesday, extending this month's losses to more than 5 percent, after a government report showed a surprisingly big build in U.S. petroleum stockpiles.
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Oil prices fall sharply after a US government report shows a steep build up in oil and petrol supplies.