crude News Updates

BusinessFuel

Oil Declines to Near $75 a Barrel as Diesel Inventories Improve

Oil prices fell to near $75 a barrel Wednesday after earlier falling below $74 to the lowest intraday price since early July, Bloomberg reported.

August 18, 2010
BusinessFuel

Oil Slips as Diesel, Gasoline Inventories Improve

Oil prices fell below $77 a barrel Wednesday following a Department of Energy report that showed diesel and gasoline inventories improved last week even though oil stockpiles declined, Bloomberg reported.

July 14, 2010
BusinessFuel

Oil Ends Week Over $76, Led by Higher Diesel Demand

Oil finished the trading day Friday over $76 a barrel, gaining about $4 in the past week led by high diesel demand, Bloomberg reported.

July 9, 2010
BusinessFuel

Oil Rises for First Time in a Week

Oil prices rose Tuesday for the first time in six trading days to just under $73 a barrel as the dollar weakened against the euro, Bloomberg reported.

July 6, 2010
BusinessFuel

Oil Falls Below $76 a Barrel

Oil fell more than $2 Tuesday to below $76 a barrel, following reports that the Chinese economy was expanding less than forecast, Bloomberg reported.

June 29, 2010
BusinessFuel

Oil Slides Following DOE Report

Oil declined $1.50 to below $77 a barrel following a Department of Energy report that showed crude inventories rose by 2 million barrels last week, Bloomberg reported.

June 23, 2010
BusinessFuel

Oil Takes Biggest Gain Since September

Oil rose almost $3 Wednesday to more than $71 a barrel — its biggest single-day gain since September — following several positive economic indicators, Bloomberg reported.

May 26, 2010
BusinessFuel

Oil Continues to Fall, Dropping Below $70 a Barrel

Oil prices continued to fall Wednesday, dropping under $68 a barrel a day after closing below $70 for the first time in eight months, Bloomberg reported.

May 19, 2010
BusinessFuel

Oil Falls $2 to Finish Week Near $75 a Barrel

Oil prices declined $2 Friday, capping an $11 week-long plunge to finish the week near $75 a barrel, Bloomberg reported.

May 7, 2010
BusinessFuel

Crude Spill May Threaten Some Gulf Oil Operations

A growing oil slick in the Gulf of Mexico well in the Gulf of Mexico could hamper production, shipping and refining of oil and natural gas in Mississippi, Alabama and Louisiana, Bloomberg reported Monday.

May 3, 2010