Crude falls as US posts rise in stores
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Crude futures plummeted yesterday after the US government reported surprising increases in the nation&#39;s supply of oil and distillate fuel, which includes heating oil and diesel.
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Singapore: Crude futures held steady below $45 a barrel today after steep overnight falls that came as the US Government reported a surprise build in stocks of oil and distillates.
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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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Crude oil futures fell below $47 a barrel yesterday as the US government's latest petroleum report showed an unexpected rise in gasoline inventories and a surprising decline in the nation's oil supply.
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Oil prices fell nearly 2 percent on  Wednesday after U.S. crude supply rose while distillate fuel's  slip in inventory was within market expectations.
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Crude oil in New York fell for the first time in seven sessions on expectations that US stockpiles will rise in coming weeks as imports and production recover in the wake of Hurricane Ivan.
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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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Crude oil prices slipped yesterday, falling to a five-month low after an inventory report showed that higher refinery production was helping boost US gasoline and distillate inventories.
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The price of US crude oil has eased in early trade, after breaching the $50-a-barrel mark on Friday. Light sweet crude for November delivery fell 42 cents from Friday&#39;s $50.
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Oil prices continued falling on Thursday after an unexpectedly large rise in U.S. crude inventories spurred profit-taking from record highs.
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US crude oil inventories fell over the past week, but stockpiles of refined fuels showed surprising gains, the Department of Energy reported.
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NEW YORK, October 27  - Crude oil prices declined sharply today after the US weekly inventory data revealed a higher-than-expected increase in crude oil inventories last week.
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Oil prices fell more than a dollar on  Wednesday as U.S. data showing builds in crude and product  inventories unwound fears for winter fuel shortages.
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Crude oil futures fell nearly a dollar today in New York, as the focus shifted to expectations of across-the-board builds in US petroleum-inventory data due out tomorrow.
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U.S. stocks fell on Monday as a drop  in oil company shares on sharply lower crude prices  overshadowed reports of strong holiday sales from some  retailers.
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Crude futures plummeted Wednesday after the US government reported surprising increases in the US supply of oil and distillate fuel, which includes heating oil and diesel.
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Crude oil futures fell in London, ending the week 7.7 percent lower after a report two days ago showed an unexpected gain in US inventories of distillate fuels such as heating oil.