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Oil Prices

Oil Prices

David McNew/Getty Images
David McNew/Getty Images
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Oil Starts Week At Lowest Level In 2012

NEW YORK (AP) — The price of oil has declined to its low for the year on continued doubts about Europe's ability to pay off massive government debts.

Benchmark U.S. crude lost $1.57 to $94.56 per barrel in New York

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David McNew/Getty Images
David McNew/Getty Images
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Oil Prices Fall For Sixth Straight Day

NEW YORK (AP) — The price of oil is lower for a sixth straight day following reports that U.S. crude supplies are at the highest level in 22 years.

Benchmark U.S. crude fell 82 cents to $96.19 per barrel in New York, while Brent crude lost 63 cents to $112

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David McNew/Getty Images
David McNew/Getty Images
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Oil Drops To Lowest Since February

NEW YORK (AP) — The price of oil has fallen to its lowest level in three months after elections in Europe created uncertainty over the region's plan for recovery.

Benchmark U.S. crude fell by $1

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Justin Sullivan/Getty Images
Justin Sullivan/Getty Images
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Oil Drops Below $100

NEW YORK (AP) — Oil is now below $100 per barrel following a disappointing U.S. jobs report and warnings of a weakening world economy.

It's the first time oil has dropped below $100 since February 13

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Mark Wilson/Getty Images
Mark Wilson/Getty Images
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Oil Prices Rise On Improvement In US Manufacturing

Oil prices are climbing as April's manufacturing rate expanded at the fastest pace in 10 months, signaling more demand for energy products.

Benchmark oil rose $1.22 Tuesday to $106.09 per barrel in New York

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Scott Olson/Getty Images
Scott Olson/Getty Images
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Oil Falls On Weaker Chinese Growth

NEW YORK (AP) — Oil prices are falling after China reported weaker economic growth.

China is the second-largest oil consumer after the U.S., and its rapid growth has been one of the primary drivers of world oil demand

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Justin Sullivan/Getty Images
Justin Sullivan/Getty Images
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Oil Rises On Bullish US Manufacturing Data

NEW YORK (AP) — The price of oil is climbing on reports that U.S. factories have cranked into a higher gear.

Benchmark U.S. crude increased Monday by $1.07 to $104.09 per barrel in New York while Brent crude rose by 68 cents to $123

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Justin Sullivan/Getty Images
Justin Sullivan/Getty Images
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Oil Prices Fall As Supplies Grow

NEW YORK (AP) — Oil prices are falling because U.S. supplies have increased and Western nations may be considering a release of additional barrels onto the world market.

Benchmark U.S. crude fell $2

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Justin Sullivan/Getty Images
Justin Sullivan/Getty Images
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Oil Prices Rise On Unexpected Supply Drop

NEW YORK (AP) — Oil prices are higher following a government report that U.S. supplies unexpectedly dropped last week.

The Energy Information Administration said Wednesday that oil supplies fell by 1

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Michael Williams/Getty Images
Michael Williams/Getty Images
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Oil Prices Lower After Supply Report

NEW YORK (AP) — The price of oil is lower Wednesday, after the government reported that supplies rose last week, as analysts expected.

Gasoline pump prices continued to climb, rising to a national average of $3

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