Crude oil prices retreat after topping new high
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Crude oil prices retreated Monday as Norwegian officials ordered striking oil workers to resume their work, reducing market&#39;s fears over disruptions in Norwegian oil supplies.
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NEW YORK - Oil prices reached record highs for the seventh straight session yesterday after refineries in California and Texas said they had new outages and the government reported surprisingly large declines in oil inventories.
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Oil fell after surging to a record high above $90 a barrel earlier on Friday as tight fuel stocks ahead of winter and a softening U.S. dollar spurred investor buying.
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The historic oil-price climb is finally easing - giving the US economy some more wind in its sails. Crude-oil prices dropped sharply yesterday and are expected to slide lower
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Oil prices fell from record peaks for a  second session on Wednesday as traders took profits from a  searing rally on signs that high prices are finally starting to  dampen demand.
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Oil prices fell further from record  highs on Monday as easing concern about winter supplies  prompted big-money hedge funds to switch money away from oil  and into other financial markets.
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LONDON : World oil prices retreated as they were unable to recover heavy losses caused by profit-taking ahead of the US presidential election.
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Oil prices have fallen as much as $16   from their peaks, their steepest reversal in 16 years, in a   correction that traders say may be harder to shake off than   past setbacks in the market's four-year rally.
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Crude oil prices hit a record yesterday, briefly topping $80 a barrel as the Energy Department reported an unexpectedly sharp drop in U.S. inventories, a hurricane warning closed the Houston Ship Channel and oil traders discounted the significance of OPEC's announced plan to slightly raise its ou...
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Oil prices fell from two-week highs on  Thursday, as traders took profits from dramatic gains on  Wednesday driven by renewed fears over fuel supplies for the  northern winter.
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NEW YORK - Oil prices reached a new high and sent stocks lower Monday, pushing the Dow Jones industrials back below 10,000. But with trading on Wall Street light and losses only moderate, investors seemed to be coming to terms with near-$50 per barrel crude...
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WASHINGTON: Oil prices retreated slightly yesterday after surpassing $54 a barrel amid nagging concerns in the market that the global supply buffer is too thin to handle a significant output disruption.
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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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Crude oil prices fell sharply Monday as traders opted to take profits after futures reached a new high above 55 dollars a barrel. On the New York Mercantile Exchange, crude
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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.
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Oil and gas futures prices retreated yesterday on expectations that a government inventory report today will again show that crude and gasoline stocks rose last week.
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Oil prices declined Monday in what traders describe as profit-taking after futures hit a new high above $55 a barrel. November crude futures fell $1.