Oil fell almost 50 cents Friday to close the trading day below $85 a barrel for the first time this week, Bloomberg reported.
April 9, 2010Business, Fuel
Oil Falls Below $85 a Barrel
Business, Fuel
Oil Slips Following Inventory Report
Oil prices declined early Wednesday following a report that showed supplies improved last week, Bloomberg reported.
April 7, 2010Business, Fuel
Obama Announces Plan to Increase Drilling
The Obama administration announced last week it intended to allow more drilling for oil off the U.S. coastline, but several industry and business groups said the proposal did not go far enough.
April 5, 2010Business, Fuel
Obama Proposes Expanding Offshore Oil Drilling
President Obama announced plans Wednesday to allow expanded oil and natural-gas drilling off the U.S. East Coast and in the Gulf of Mexico.
March 31, 2010Business, Fuel
Oil Climbs Toward $81 a Barrel
Oil rose in early trading Monday to near $81 a barrel as the U.s. dollar fell versus the euro, Bloomberg reported.
March 29, 2010Business, Fuel
Oil Rises Past $81 Following DOE Inventory Report
Oil rose past $81 a barrel early Thursday following the Department of Energy’s weekly report that showed crude supplies increased last week, Bloomberg reported.
March 25, 2010