Oil Futures Drop More than $1
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Crude oil futures dropped more than US$1 to hit $43 at midday today in a correction of yesterday&#39;s surge. Prices rose slightly at first as traders sought to build on yesterday&#39;s gains but buying quickly gave way to a wave of selling.
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Crude oil futures prices dropped below $51 a barrel on Thursday as supply concerns ahead of the Northern Hemisphere winter eased after an unexpectedly high rise in US inventories.
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Crude oil futures nose-dived for a second day in a row yesterday, briefly dipping below $43 a barrel, as traders focused on rising fuel supplies and mild fall weather in the Northeast and Midwest.
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Oil prices declined Monday in what traders describe as profit-taking after futures hit a new high above $55 a barrel. November crude futures fell $1.
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Oil prices fell $1 on Tuesday as an  expected increase in U.S. heating fuel supplies eased concerns  over an inventory crunch should this winter's weather prove  colder than normal.
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Crude oil futures continued to retreat from record levels of more than $54 US a barrel Wednesday as traders nervously monitored developments in strike-hit Nigeria and recovery efforts in the Gulf of Mexico.
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Oil futures skidded lower Thursday on growing concerns that a U.S. economic slowdown is imminent and will depress demand.
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Oil prices fell sharply yesterday in what traders described as a wave of profit-taking after futures hit a new high above $55 a barrel and after gasoline futures fell sharply on indications of declining demand.
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Oil prices fell more than $1 to just over $44 a barrel Wednesday, dragged down by heavy losses in US gasoline futures after summer driving demand failed to meet expectations.
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Crude oil futures prices fell around the globe yesterday following a steep run-up on Friday that was prompted by persistent concerns about winter fuel supplies.
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Oil futures prices rose more than $1 a barrel in a volatile trading session yesterday after a government report showed a sharp rise in US crude supplies and tightening inventories of heating oil.
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New York crude oil futures fell, extending last week&#39;s 5.1 percent decline, on expectations warmer- than-normal weather in the US will reduce demand on the country&#39;s fuel stockpiles.
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Crude oil futures prices plummeted today, falling by nearly $3 a barrel, as traders shelved concerns about tight winter-fuel supplies.
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Oil fell more than $1 to below $77 a barrel on Monday after some funds booked profits as OPEC expressed concern over near record prices and pledged to pump more crude if needed.
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Oil fell more than a dollar on Wednesday after U.S. inventory data showed a much bigger than expected rise in crude stockpiles.
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Oil prices fell more than a dollar on Wednesday as U.S. data showing builds in crude and product inventories unwound fears for winter fuel shortages.
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Oil futures dipped below $46 a barrel yesterday as traders assessed what appeared to be a short-lived cold snap in the United States, where cold weather and tight heating oil supplies helped drive prices higher last week.