Oil Prices Drop Near $43
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Oil prices fell again Thursday as worries over supply disruptions eased. New York light sweet crude ended the day just over $43, and OPEC president Purnomo Yusgiantoro said the cartel hoped
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Oil eased below $70 a barrel on Friday   on expectations of a long delay before the United Nations   decides on sanctions against Iran, the world's fourth-largest   oil exporter.
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Oil futures prices sank nearly 5 percent yesterday, dropping below $53 a barrel, as concerns about tight winter-fuel supplies eased, at least temporarily, and traders turned their attention to rising US inventories of crude.
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Crude oil prices have dipped in New York, sliding as much as two dollars to around $50 a barrel. That&#39;s extending declines seen last week despite concerns that a planned strike in Nigeria could affect output.
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The cost of a barrel of oil in London has dipped below $40 as energy prices have continued to slide. The price of Brent crude in London fell to a three-week low of $39.
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Crude oil futures prices fell below $43 a barrel Friday, extending two days of sharp sell-offs as worries about low winter fuel inventories dissipate amid rising supplies.
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WASHINGTON -- Oil prices fell sharply yesterday after briefly surpassing $54 US a barrel despite nagging concerns that the global supply buffer is too thin to handle a significant disruption of output.
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Oil prices plunged below $44 a barrel Thursday, extending a dramatic sell off sparked by Wednesday&#39;s government report showing crude and distillate inventories rose more-than-expected last week.
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Oil prices fell Monday amid news of the release of an American oil worker kidnapped in Nigeria.Comment
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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 again Tuesday, with U.S. light crude sinking to about $53 a barrel, despite persistent supply worries and an attack on a key Iraqi pipeline.
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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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US oil prices fell further below $50 a barrel on Tuesday, adding to a week-long slide that has cut more than $5 off record-high prices, as some traders cashed in profits ahead of the US presidential election.
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The biggest drop in oil prices in three years lit a fire under stocks yesterday, boosting the markets near their 2004 highs. Crude plummeted $3.64 to $45.49 a barrel after the government reported
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US oil prices slid more than half a dollar to below $44 a barrel on Monday as unusually mild winter weather in the United States curtailed demand.
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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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Oil prices made an about face Friday, falling below $48 a barrel, as tensions between U.S. forces and rebel fighters in Iraq eased, raising hopes that attacks against the country's oil infrastructure would subside.