Update 10: Crude Oil Prices Slump Below $44 a Barrel
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Crude futures sold off sharply for a second day in row Thursday, falling below $44 a barrel, as traders focused on rising fuel supplies and the lack of cold weather.
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Oil prices fell on Monday to an 8-week  low under $47 a barrel, as growing fuel stocks in the United  States eased fears of a winter supply crunch despite a cold  snap in North America at the weekend.
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Oil prices fell to a four-week low yesterday, briefly dropping below $50 a barrel, as traders grew less concerned about possible threats to supplies.
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Crude oil futures traded below $49 a barrel Monday following a steep runup on Friday that was prompted by persistent concerns about winter fuel supplies.
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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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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 dropped sharply Monday, falling below $42 US per barrel, as last week&#39;s selloff continued despite sabotage of Iraqi oil infrastructure that curbed exports.
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Crude oil prices fell to the lowest level in four months Tuesday as traders speculated that warm weather and increased refinery output had bolstered US heating-oil supply last week.
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Oil edged lower on Friday to around $59 a barrel after tumbling on a build in crude stocks, but trade was muted by a U.S. holiday.
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Crude oil futures tumbled below $48 US a barrel Tuesday, closing at their lowest level in seven weeks, on rising expectations that the US supply of transport and home-heating fuels will be adequate this winter.
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After a month-long rally that repeatedly pushed oil prices to new highs, the cost of a barrel slumped for the fourth day in a row, dropping by nearly $2 to below $44.
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Oil fell $4 to below $90 a barrel on Tuesday, plummeting from its record high in a broad commodity sell-off sparked by uncertainty over how aggressive the U.S. Federal Reserve will be in fueling economic growth.
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Oil prices soared to $44 a barrel on  Wednesday, ending an eight-day streak of losses as a U.S.  government report showed crude oil stocks falling to the lowest  level in five months.
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Oil prices fell below $48 a barrel Wednesday 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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NEW YORK - Crude oil futures fell for a fourth day Friday, settling below $43 a barrel for the first time since August and extending the week&#39;s decline in oil prices to 14 per cent.
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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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Investor's Business Daily - U.S. crude fell 62 cents to $96 a barrel, reversing an earlier gain, on fears that slower U.S. economic growth will curb demand for oil in the world's top consumer. Crude prices hit an intraday high of $97.92 due to falling U.S. supplies, a weaker dollar and geopolitical tensions.