crude News Updates

BusinessFuel

Oil Finishes Week Above $97 a Barrel

Oil prices finished above $97 a barrel on Friday, and finished the week higher for the eighth straight week, the longest string in more than eight years, Bloomberg News reported.

February 1, 2013
BusinessFuel

Oil Finishes Week Near $96 a Barrel

Oil finished near $96 a barrel on Friday, ending the week higher for a seventh straight week, the longest string of weekly gains in almost four years, Bloomberg News reported.

January 25, 2013
BusinessFuel

Oil Holds Over $95 in Advance of DOE Survey

Oil held near a four-month high of more than $95 a barrel early Tuesday in advance of the Department of Energy’s weekly survey of filling station prices for diesel and gasoline, Bloomberg News reported.

January 22, 2013
BusinessFuel

Oil Ends Week at Four-Month High Over $95

Oil finished the week at a four-month high over $95 a barrel, capping the longest stretch of weekly increases in more than a year, Bloomberg News reported.

January 18, 2013
BusinessFuel

Oil Tops $94 a Barrel Following DOE Inventories Report

Oil rose to more than $94 a barrel Wednesday, the highest closing price in almost four months, following a Department of Energy report that said supplies declined last week, Bloomberg News reported.

January 16, 2013
BusinessFuel

Oil Finishes at Three-Month High Near $94 a Barrel

Oil rose 72 cents on Thursday, finishing the trading day at a three-month high of $93.82 a barrel following a report of stronger economic growth in China, Bloomberg News reported.

January 10, 2013
BusinessFuel

Oil Tops $90 for First Time in Two Months

Oil finished the trading day Thursday at more than $90 a barrel — the first time it has closed over that level in two months, Bloomberg reported.

December 20, 2012
BusinessFuel

Oil Falls to Three-Week Low

Oil fell more than $1 to a three-week low near $86 a barrel Thursday following a reduced growth forecast by Europe’s central bank and concern over stalled U.S. budget negotiations, Bloomberg reported.

December 6, 2012
BusinessFuel

Oil Falls to One-Week Low Under $86

Oil fell to less than $86 a barrel, its lowest level in a week, on concerns over whether U.S. lawmakers will reach a budget-deficit deal, Bloomberg reported.

November 28, 2012
BusinessFuel

Oil Declines From Three-Day High

Oil fell from a three-day high to below $88 a barrel Monday as European ministers met to discuss additional funds to help Greece, Bloomberg reported.

November 26, 2012