crude News Updates

Business, Fuel

Oil Slides Below $93 a Barrel

Oil fell for a third day Thursday, falling more than $1 to below $93 a barrel after dropping almost $2 on Wednesday, on reports that Chinese manufacturing slowed, Bloomberg News reported.

May 23, 2013
Business, Fuel

Oil Drops Following DOE Inventory Report

Oil declined more than $1 to near $95 a barrel following a Department of Energy report that showed crude supplies fell and gasoline stockpiles rose last week.

May 22, 2013
Business, Fuel

Oil Declines for Fifth Day to Near $92 a Barrel

Oil fell almost $2 Wednesday to near $92 a barrel, the fifth straight day of declines and longest run of downturns since October, Bloomberg News reported.

May 15, 2013
Business, Fuel

Oil Declines as OPEC Boosts Production

Oil fell for a second day Friday, dropping below $95 a barrel as rising supplies countered signs of economic growth and OPEC boosted production, Bloomberg News reported.

May 10, 2013
Business, Fuel

Oil Falls Below $90 a Barrel

Oil fell below $90 in early trading Monday as economic growth slowed in China, Bloomberg News reported.

April 15, 2013
Business, Fuel

Oil Slips Following DOE Inventory Report

Oil fell Wednesday following a Department of Energy report that showed supplies rose last week, Bloomberg News reported.

April 10, 2013
Business, Fuel

Diesel Slips Below $4 Per Gallon as U.S. Crude Inventories Soar

The average price of a gallon of U.S. retail diesel slipped below $4 last week for the first time in two months, the Department of Energy reported, as the nation’s crude oil supplies soared to levels not seen in decades.

April 8, 2013
Business, Fuel

Oil Falls Below $93 a Barrel

Oil fell for a second day, dropping below $93 a barrel Thursday following a report that showed more Americans filed for unemployment benefits last week, Bloomberg News reported.

April 4, 2013
Business, Fuel

Oil Takes Biggest Drop of Year as Supplies Rise

Oil took its biggest drop of the year Wednesday, declining almost $3 per barrel following a Department of Energy report that showed inventories rose to the highest level since 1990, Bloomberg News reported.

April 3, 2013
Business, Fuel

Oil Supplies Surge to 22-Year High

U.S. crude oil inventories rose to the highest level in more than 22 years last week as production surged and refineries wrapped up annual maintenance programs, Bloomberg News reported Tuesday.

April 2, 2013