Oil Prices Fall Nearly $1 as Stock Build Expected
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Crude oil futures fell nearly a dollar today in New York, as the focus shifted to expectations of across-the-board builds in US petroleum-inventory data due out tomorrow.
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Oil prices fell on Wednesday as a U.S.  government report showing an expected decline in lean winter  heating fuel stocks was not enough to jolt the market out of a  steep recent slide.
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Oil fell below $88 a barrel on Wednesday as stock markets continued their decline, 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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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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Oil prices drifted below $47 a barrel  early on Wednesday, well off recent peaks as traders braced for  another increase in U.S. crude oil inventories.
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Oil prices fell sharply from near record peaks on Wednesday after a larger-than-expected build in US crude stocks spurred traders to take profits from a fierce rally.
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Oil prices fell Thursday, failing to top the $100-a-barrel mark, despite a larger-than-expected fall in crude inventories.
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Oil prices fell to seven-week lows  near $47 a barrel on Wednesday as traders braced for another  increase in U.S. oil and gas inventories.
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Stocks declined on Monday, pressured by losses in shares of energy companies after a nearly 4 percent drop in oil prices.
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U.S. stocks edged down on Wednesday  amid light volume as oil prices climbed before the release of  U.S. oil inventory data, which is expected to show a slight  decline in winter heating fuel stocks.
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World oil prices fell nearly $3 a barrel  on Wednesday, shedding 6 percent, as a larger-than-expected  build in U.S. heating stocks soothed worries about a winter  fuel deficit.
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Oil fell more than $1 a barrel on Wednesday after a U.S. government report showed larger than expected increases in crude and gasoline stockpiles in the world's top consumer.
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Oil prices fell Monday, nearing a  7-week low just 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 Wednesday as traders awaited the release of a U.S. government inventory report expected to show increases in supplies of crude, gasoline and distillates.
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Oil fell more than $1 a barrel on Wednesday after a U.S. government report showed larger-than-expected increases in crude and gasoline stockpiles in the world's top consumer.
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Oil prices fell sharply from near record  peaks on Wednesday after a larger-than-expected build in U.S.  crude stocks spurred traders to take profits from a fierce  rally.
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World oil prices slid $3 a barrel on  Wednesday, shedding nearly 7 percent, as a larger-than-expected  build in U.S. heating stocks soothed worries about a winter  fuel deficit.