crude News Updates

Business, Fuel

Oil Falls Below $92 a Barrel

Oil fell from its highest closing price in a week early Monday to below $92 a barrel as manufacturing levels fell in China, Bloomberg reported.

October 1, 2012
Business, Fuel

Oil Drops Below $90 a Barrel

Oil fell to an eight-week low Wednesday, closing below $90 a barrel for the first time since early August on signs of lower demand, Bloomberg reported.

September 26, 2012
Business, Fuel

Oil Falls to Six-Week Low $92 a Barrel

Oil fell to a six-week low just under $92 a barrel Wednesday following a Department of Energy report that showed supplies spiked last week, Bloomberg reported.

September 19, 2012
Business, Fuel

Oil Closes Week at Four-Month High $99 a Barrel

Oil rose to a four-month high Friday, closing the trading week at $99 a barrel following the Federal Reserve’s announcement that it will take additional steps to boost the U.S. economy, Bloomberg reported.

September 14, 2012
Business, Fuel

Oil Tops $98 a Barrel in Early Trading

Oil rose to more than $98 a barrel in early trading Wednesday, a day after closing over $97 for just the second time in the past four months, Bloomberg reported.

September 12, 2012
Business, Fuel

Oil Tops $97 a Barrel Following Holiday

Oil rose to more than $97 a barrel, its highest intraday price in a week, following the Labor Day holiday, as investors speculated that European central banks will do more to stimulate economies, Bloomberg reported.

September 4, 2012
Business, Fuel

Oil Falls as Isaac Slams New Orleans

Oil prices fell to below $96 a barrel Wednesday as analysts saw limited production disruptions even as Hurricane Isaac made landfall into New Orleans overnight, Bloomberg reported.

August 29, 2012
Business, Fuel

Oil Holds Over $96 on Isaac Concerns

Oil held over $96 a barrel in early trading Friday as forecasters kept an eye on Tropical Storm Isaac, which is likely to move into the Gulf of Mexico next week as a low-level hurricane, Bloomberg reported.

August 24, 2012
Business, Fuel

Oil Holds at Three-Month High Over $96

Oil held at a three-month high over $96 a barrel Monday, as European leaders were set to meet to discuss ways to combat their ongoing debt crisis, Bloomberg reported.

August 20, 2012
Business, Fuel

Oil Jumps $4 Following Jobs Report

Oil jumped by more than $4 Friday, the biggest gain in a month, following a report that more U.S. jobs were created in July than economists had expected, Bloomberg reported.

August 3, 2012