Oil slides towards $89 as falling stock markets weigh
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Oil fell more than a dollar towards $89 a barrel on Monday as falling global stock markets amid renewed worries about the health of the global economy spurred profit taking.
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Oil fell on Monday, extending the  previous session's decline on profit taking from record highs,  but hovered near $88 on simmering geo-political tensions and a  weak dollar.
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Stocks fell on Thursday, weighed down  by climbing oil prices and a government report showing an  unexpected rise in weekly jobless claims.
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Oil eased to under $91 on Tuesday on profit-taking after an early rally.
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Oil slid to around $58 a barrel on Wednesday, taking losses for the week to more than 7 percent and London Brent crude to its lowest this year, on forecasts of a further rise in bulging U.S. fuel stockpiles.
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The blue-chip Dow index fell 1  percent, sliding below 10,000, on Wednesday, as oil prices  resumed their climb while mining stocks fell.
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Oil prices tumbled to an 11-week low below $45 a barrel on Thursday, deepening a dramatic slide after an increase in US heating oil stocks eased worries of a winter supply squeeze.
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LONDON/SYDNEY  - Oil fell more than $1 to a one-month low below $89 a barrel on Monday, weighed down by concerns that a recession in top consumer the United States could drag down other economies and hurt oil demand.
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Oil prices tumbled again on Monday to an  8-week low under $46 a barrel, as growing fuel stocks in the  United States eased fears of a winter supply crunch.
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Oil prices fell from near record peaks  on Wednesday after a sharp build in U.S. crude stocks spurred  traders to take profits.
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Oil fell below $88 a barrel on Wednesday  as stock markets declined further, shrugging off a temporary  reprieve from Tuesday's steep cut in U.S. interest rates amid  persistent fears of a global economic slowdown.
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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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U.S. stocks looked set to open lower  on Monday as oil prices approach record levels, fueling  concerns that high energy costs are biting into corporate  profits and consumer spending.
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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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U.S. stocks slipped on Monday in a  quiet day on Wall Street as the price of oil dropped below $42  a barrel and knocked down shares of energy-related companies  such as Exxon Mobil Corp.XOM.N.
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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 fell to $87 on Wednesday after a  larger-than-expected build in U.S. crude stocks and growing  fears of a U.S. recession.