crude News Updates

Business, Fuel

Oil Slides to Finish Week Below $100 a Barrel

Oil fell to finish trading below $100 a barrel Friday, taking its biggest drop in four weeks on indications that Saudi Arabia will boost output next month, Bloomberg reported.

June 10, 2011
Business, Fuel

Oil Drops Below $99 a Barrel

Oil fell below $99 a barrel in early trading Monday on signs of lower demand and a possible supply boost by OPEC, Bloomberg reported.

June 6, 2011
Business, Fuel

Oil Rises to More Than $102 a Barrel

Oil rose past $102 a barrel in early trading Tuesday, its highest level in three weeks, as a leak shut a pipeline carrying crude to a U.S. storage hub, Bloomberg reported.

May 31, 2011
Business, Fuel

Oil Falls, but Holds Over $100 a Barrel

Oil fell more than $1 Thursday but remained over $100 a barrel for a second day, Bloomberg reported.

May 26, 2011
Business, Fuel

Oil Rises from Three-Month Low

Oil rebounded from a three-month low in early trading Wednesday, rising almost $2 to near $99 a barrel, Bloomberg reported.

May 18, 2011
Business, Fuel

Oil Falls Below $98 a Barrel

Oil fell almost $2 in early trading Monday to below $98 a barrel on speculation that a cooling U.S. economy will lower fuel demand, Bloomberg reported.

May 16, 2011
Business, Fuel

Oil Plunges Almost $17 for Week

Oil took its biggest weekly plunge in more than two years this week, falling almost $17 to near $97 a barrel, Bloomberg reported.

May 6, 2011
Business, Fuel

Oil Tumbles to Below $100 a Barrel

Crude oil tumbled almost $10 to below $100 a barrel Thursday as commodities dropped the most in two years on concern that economic growth will slow, Bloomberg reported.

May 5, 2011
Business, Fuel

Oil Falls to Two-Week Low Under $109

Oil fell more than $2 Wednesday to a two-week low under $109 a barrel following a report that showed crude supplies reached a six-month high last week, Bloomberg reported.

May 4, 2011
Business, Fuel

Diesel Resumes Rise, Gaining 2.6¢ to $4.124 a Gallon

Diesel resumed its rise after a one-week respite, gaining 2.6 cents to $4.124 a gallon, the highest price since August 2008, while gasoline jumped 8.4 cents to $3.963, the Department of Energy said.

May 3, 2011