Oil prices fall for third straight day
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The price of crude oil fell for a third straight day today, brought down from a midweek record high by news of higher-than-expected US stocks and by Chinaâs latest moves to cool its economy.
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SINGAPORE : Crude oil prices fell in Asian trading on Monday after a three-day Christmas break as investors digested further the surprise rise in US petroleum stocks.
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NEW YORK -- Oil prices plummeted below $44 a barrel yesterday, sinking for the fourth consecutive day, as supply fears receded, gasoline futures plunged and profit- taking took over.
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Oil prices dropped sharply today, extending losses to a third day as a more optimistic Iraq export picture helped partly unwind some supply worries.
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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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Crude oil futures fell for a third session, dropping as low as $44.75 a barrel, on speculation that increased Iraqi shipments will help meet global needs.
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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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NEW YORK, December 2  - Crude oil prices declined for the third consecutive day today, reaching their lowest levels in 11weeks, on news of rising US fuel inventories and a less severe winter in various parts of the country.
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OIL prices fell more than a dollar to a three-month low yesterday as mild winter weather sapped demand in the heavy energy consuming north-east of the United States.
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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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Oil prices fell 3 percent after setting  record highs above $55 a barrel on Monday as dealers took  profits on signs that energy costs are hitting economic growth.
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: Crude futures fell again today, extending a decline over the past two weeks on the belief that rising US oil supplies will meet demand for the Northern Hemisphere winter.
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: The price of crude oil fell for a third straight day today, heading toward the US$50 mark on an encouraging midweek US petroleum stocks report and China&#39;s latest moves to cool its economy.
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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.
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LONDON : Oil prices slid for a third day running as speculators banked profits ahead of next week&#39;s US presidential election amid easing supply fears and China&#39;s move to hike interest rates, analysts said.
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Oil prices plunged more than $3 a barrel yesterday -- the largest single-day decline in more than three years -- after the US government reported large increases in the nation's fuel supply, easing fears of a supply crunch as winter approaches.
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Oil prices fell on Monday, extending the  previous session&#39;s decline, after remarks by oil producer group  OPEC that it was concerned about the potential impact of high  oil prices on the global economy.