Oil Prices Decline Sharply, but Shares Dip Anyway
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Concerns over the economy and potential inflation outweighed a sharp drop in oil prices, sending stocks slightly lower yesterday. All three major indexes were lower for the week as Wall Street&#39;s customary year-end rally stalled.
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Oil prices turned lower Monday as traders apparently shrugged off worries about whether production cuts by two key producing nations were harbingers of further restrictions by OPEC members.
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U.S. stock futures were sharply lower  on Tuesday, pointing to a weak market open as crude oil prices  held above $54 a barrel, amid an early burst of third-quarter  earnings reports.
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Oil prices fell sharply on Monday on speculation that a US election win for Senator John Kerry could ease the geopolitical friction that has helped fuel this year&#39;s record-breaking rally.
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Stocks fell on Tuesday as shares of  major oil companies tumbled after the price of crude fell more  than a $1 a barrel to a 3-month low.
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Oil dropped more than two dollars on  Friday, weakened by selling in equity markets that raised  doubts over energy demand and after a storm that halted exports  from Oman lost power.
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Oil prices have fallen as much as $16   from their peaks, their steepest reversal in 16 years, in a   correction that traders say may be harder to shake off than   past setbacks in the market's four-year rally.
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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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Crude oil prices fell sharply Monday as traders speculated temperatures in the eastern half of the United States would limit heating oil needs.
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US stocks ended lower on Monday in a quiet trading day as a sharp drop in the price of oil knocked down shares of energy-related companies such as Exxon Mobil Corp.
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Oil fell sharply on Thursday to its  lowest price in nearly two months after ample U.S. fuel  stockpiles eased investor fears of supply shortages as the U.S.  summer driving season drawing to a close.
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Oil prices dipped Thursday, broadening an overnight decline on a U.S. government report that the country's stockpiles of gasoline grew last week.
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Crude futures prices fell sharply today, dropping below $54 a barrel, as traders shelved concerns about tight winter-fuel supplies and focused on government data showing faster-than-expected growth in US oil inventories.
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The Dow industrials and S&P 500 fell on Monday as a drop in oil prices weighed on shares of energy companies including Exxon Mobil Corp .
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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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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 have fallen as much as $16  from their peaks, their steepest reversal in 16 years, in a  correction that traders say may be harder to shake off than  past setbacks over the market's four-year rally.