Oil Prices Slide on Profit-Taking
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Oil futures prices fell Monday amid concerns about economic growth and on profit-taking ahead of the November contract's expiration
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Oil prices slid on Monday, drifting  toward $90 a barrel as a weak close on Wall Street spurred some  profit taking, although expectations that OPEC will maintain  its production curbs this week limited losses.
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Oil prices eased from new highs on  Friday as dealers pocketed profits from a long record-breaking  run after escalating violence in Iraq took U.S. crude close to  $50 a barrel.
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World oil prices fell on profit-taking Monday but losses were limited by concerns over tight supplies, as the International Energy Agency called for increases to US refining capacity, traders said.
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European bourses slid lower on Tuesday as heavily-weighted oil stocks fell after mild US weather forced a drop in crude prices, while profits were taken in banking stocks after the markets good run.
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Oil prices continued falling on  Thursday after an unexpectedly large rise in U.S. crude  inventories spurred profit-taking from record highs.
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Oil slid to around $58 a barrel on Wednesday, taking losses for the week to more than 7 percent and London Brent crude to its lowest this year, on forecasts of a further rise in bulging U.S. fuel stockpiles.
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Oil prices eased on Monday in  profit-taking on heating oil from sharp gains last week sparked  by concerns over low supplies of winter heating fuels.
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Oil prices pulled further back from the brink of $100 a barrel on Thursday after fresh signs of weak U.S. oil demand and a Wall Street slump fuelled profit-taking from a near 40 percent rally in under three months.
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Oil prices sank more than 2 percent and fell below $44 a barrel Wednesday, extending their recent slide after a government report showed domestic gasoline supplies had not fallen last week, as Wall Street had expected last week.
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Oil fell to $90 a barrel on Monday, as weaker global stock markets spurred profit taking, although expectations that OPEC will resist pressure to raise output this week limited deeper losses.
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NEW YORK: US oil prices fell more than one dollar yesterday on continued profit-taking as producer-group Opec eyed increases in the coming months in its tight spare capacity, countering worries over stumbling Iraqi oil exports.
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Oil prices fell nearly $2 a barrel on  Wednesday, dragged down by heavy losses in U.S. gasoline  futures after summer driving demand in the world's largest  consumer failed to meet expectations.
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Oil prices slipped further from record highs on Wednesday as traders locked in profits after the market's &#36;10 surge since mid-August.
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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 slid on Monday after OPEC members signaled the cartel could wait until its mid-March meeting to make any production cuts.
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Oil fell more than a dollar on Tuesday, as profit-taking pulled the market down from record highs set in response to a Mexican supply shut-down and a weak dollar.