Oil prices slip below 50 dollars
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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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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 fell more than a dollar to  under $43 a barrel on Monday as unusually mild winter weather  in the United States eased fears that thin heating fuel  stockpiles could prove inadequate.
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WASHINGTON -- Oil futures retreated below $50 a barrel yesterday, though analysts said there is enough uncertainty about geopolitics and weather -- and the industry's ability to quickly boost crude output -- to keep prices from plummeting any time soon.
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US oil prices drifted below $50 a barrel on Tuesday, extending a week-long slump that has shaved more than $5 off record-high prices as some traders cashed in profits ahead of the US presidential election.
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Oil prices fell sharply last night, taking US crude below $50 ahead of the US presidential election. US light crude dipped as low as $49.
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OIL prices were easing back from their recent record highs yesterday as the cost of a barrel dipped below the $46 mark.
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Oil futures prices sank below $50 a barrel Monday, continuing the selloff sparked last week by rising US supplies of crude and easing fears about the refining industry&#39;s ability to satisfy heating oil demand.
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Oil prices fell heavily on Monday, taking US crude below $50 on speculation that a US election win for Senator John Kerry could ease the geopolitical friction that helped fuel this year&#39;s record-breaking rally.
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Oil prices charged toward $50 a barrel Monday as petroleum output in the Gulf of Mexico returns at a slower-than-expected rate in the aftermath of Hurricane Ivan and geopolitical unrest keeps traders on edge.
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OIL prices eased further below $50 a barrel yesterday, extending a week-long bout of profit-taking that has cut more than $5 from record-high crude ahead of the US presidential election.
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Oil prices slipped on Monday but held above &#36;49 a barrel as easing concerns about a winter supply crunch pulled the market further away from record highs set two weeks ago.
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Oil prices edged lower on Thursday,  adding to a near 2 percent sell off the previous day caused by  a smaller-than-expected drop in U.S. heating fuel inventories.
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The price of crude oil moves back above the benchmark $50 a barrel mark as production facilities in the Gulf of Mexico remain down.
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Oil prices dip below $62 a barrel amid mixed signals over the possibility of further production cuts.
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Oil futures prices fell sharply Monday, sinking below $50 a barrel on a continuation of last week&#39;s selloff, which was prompted by rising inventories of crude in the United States.
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U.S. oil prices slid below &#36;46 on Tuesday, marking the third successive session of falls as Iraqi exports returned to near normal, although supply uncertainties kept the market close to historic levels.