Oil rose to more than $97 a barrel, its highest intraday price in a week, following the Labor Day holiday, as investors speculated that European central banks will do more to stimulate economies, Bloomberg reported.
September 4, 2012BusinessFuel
Oil Falls as Isaac Slams New Orleans
Oil prices fell to below $96 a barrel Wednesday as analysts saw limited production disruptions even as Hurricane Isaac made landfall into New Orleans overnight, Bloomberg reported.
August 29, 2012BusinessFuel
Oil Holds Over $96 on Isaac Concerns
Oil held over $96 a barrel in early trading Friday as forecasters kept an eye on Tropical Storm Isaac, which is likely to move into the Gulf of Mexico next week as a low-level hurricane, Bloomberg reported.
August 24, 2012BusinessFuel
Oil Holds at Three-Month High Over $96
Oil held at a three-month high over $96 a barrel Monday, as European leaders were set to meet to discuss ways to combat their ongoing debt crisis, Bloomberg reported.
August 20, 2012BusinessFuel
Oil Jumps $4 Following Jobs Report
Oil jumped by more than $4 Friday, the biggest gain in a month, following a report that more U.S. jobs were created in July than economists had expected, Bloomberg reported.
August 3, 2012BusinessFuel
Oil Falls for First Time in Week
Oil fell for the first time in eight days Friday to below $92 a barrel, after topping out at a nine-week high on Thursday, Bloomberg reported.
July 20, 2012BusinessFuel
Oil Holds Near $85 a Barrel
Oil rose over $85 a barrel in early trading Monday, after taking its biggest drop in two weeks on Friday, Bloomberg reported.
July 9, 2012BusinessFuel
Oil Closes Below $80 a Barrel for First Time Since October
Oil fell more than $3 Thursday to finish the trading day under $80 a barrel for the first time since early October, Bloomberg reported.
June 22, 2012BusinessFuel
Oil Closes Below $82 Following Strong Supply Report
Oil fell to finish the trading day below $82 a barrel Wednesday for the first time since early October following a Department of Energy report that showed supplies near a 22-year high, Bloomberg reported.
June 20, 2012BusinessFuel
Oil Rises for Third Day, Topping $85 a Barrel
Oil rose for a third day, topping $85 a barrel as supplies slipped and economic reports that signaled higher demand, Bloomberg reported.
June 6, 2012