Oil topped $106 a barrel in early trading Thursday following the highest closing price in two and a half years on Wednesday, Bloomberg reported.
March 24, 2011Search
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Oil Ends Week Over $105 a Barrel
Oil slipped slightly from this week’s highest closing price in two-and-a-half years but finished the week near that level over $105 a barrel, Bloomberg reported.
March 25, 2011Gasoline Price Rise Slows, Lundberg Survey Says
Gasoline’s national average price slowed its gain, rising 6.7 cents over the past two weeks to an average $3.573 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
March 21, 2011Oil Rises to Near $103 a Barrel
Oil prices rose $2 early Monday to near $103 a barrel following weekend allied air strikes on Libya, Bloomberg reported.
March 21, 2011Diesel Drops for First Time Since November
Diesel slipped a tenth of a cent to $3.907 a gallon, its first drop since November, while gasoline also declined, the Department of Energy said Monday.
March 22, 2011Diesel Reaches $3.908 a Gallon
The average price of U.S. retail diesel rose for the 15th consecutive week, bumping up another 3.7 cents to $3.908 a gallon, nearly $1 higher than the comparable week of last year, according to the Department of Energy.
March 21, 2011Oil Closes Above $100 a Barrel
Crude oil closed above $100 Thursday after staying below that price for two days, Bloomberg reported.
March 18, 2011Oil Rises Following Inventory Report
Oil rose modestly from a two-week low but remained under $100 a barrel Wednesday following a report that showed crude inventories rose last week.
March 16, 2011Oil Drops $4 to Near $97 a Barrel
Oil prices dropped sharply Tuesday, declining $4 to near $97 a barrel on lower demand in Japan due to the big earthquake and subsequent nuclear crisis in that country, Bloomberg reported.
March 15, 2011Oil Falls to Two-Week Low Under $100
Oil fell to a two-week low Monday to less than $100 a barrel in part due to concerns that Japan’s big earthquake Friday will hurt growth and reduce fuel demand in that country’s economy, the world’s third-largest, Bloomberg reported.
March 14, 2011