crude News Updates

Business, Fuel

Oil Drops to Five-Month Low Under $90 a Barrel

Oil finished the trading day Thursday at its lowest level since February, diving below $90 a barrel as equities markets plunged, Bloomberg reported.

August 4, 2011
Business, Fuel

Oil Rises From 2-Week Low Following Draft Debt-Ceiling Agreement

Oil rose nearly $2 from a two-week low Monday following signs that U.S. lawmakers were close to an agreement to raise America’s debt ceiling, Bloomberg reported.

August 1, 2011
Business, Fuel

Oil Hits One-Month High Over $99 a Barrel

Oil finished the day Thursday over $99 a barrel on the New York Mercantile Exchange, a one-month high, following a positive economic indicator, Bloomberg reported.

July 21, 2011
Business, Fuel

Oil Dips to Below $97 a Barrel

Oil slipped below $97 a barrel in early trading Monday, continuing to hold in the mid-$90s per-barrel range it’s been in for the past month, Bloomberg reported.

July 18, 2011
Business, Fuel

Oil Holds Under $95 a Barrel

Oil traded near the lowest in two days as China signaled it may step up efforts to cool its economy, tempering fuel demand in that country, Bloomberg reported Tuesday.

July 5, 2011
Business, Fuel

Oil Rises to Top $95 a Barrel

Oil rose 65 cents Thursday, rebounding from earlier declines to finish the trading day at $95.42 a barrel on the New York Mercantile Exchange, Bloomberg reported.

June 30, 2011
Business, Fuel

Oil Falls to 4-Month Low Near $91 a Barrel; U.S. To Tap Strategic Petroleum Reserve

Oil fell more than $4 to a four-month low near $91 a barrel Thursday after the U.S. government said it would tap the Strategic Petroleum Reserve as part of an international effort to boost supplies, Bloomberg reported.

June 23, 2011
Business, Fuel

Oil Falls to Near $91 a Barrel

Oil fell to near $91 a barrel in early trading Monday, the lowest intraday price since February and below the closing price at the end of last year, Bloomberg reported.

June 20, 2011
Business, Fuel

Oil Holds Under $95 a Barrel

Oil rose 14 cents Thursday, holding under $95 a barrel a day after falling to the lowest closing price in almost four months, Bloomberg reported.

June 16, 2011
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