Oil Prices

Oil Price Falling After Bernanke Comments
NEW YORK (AP) — The price of oil is falling after Fed Chairman Ben Bernanke gave no clues about whether the central bank would take further steps to boost the economy.
Investors had hoped that Bernanke would discuss a new plan Tuesday before congressional panel...
Oil Price Climbs As Norwegian Strike Looms
NEW YORK (AP) — The price of oil is climbing as Norway's North Sea crude production prepares to shut down.
Norway's oil industry, which produces more than 3.8 million barrels of oil and natural gas per day, says platforms will switch off by 8 p...
Oil Drops On More Signs Of Economic Trouble
NEW YORK (AP) — The price of oil is falling on more signs of trouble for the economy.
U.S. employers added just 80,000 jobs in June — a disappointing number that shows the economy is still struggling three years after the recession ended...
Oil Prices Fall As U.S. Supplies Grow
NEW YORK (AP) — The price of oil is down Wednesday after the government said U.S. supplies unexpectedly grew last week.
Benchmark U.S. crude fell by $1.61 to $82.74 per barrel in New York while Brent crude lost $1.31 to $94.45 per barrel in London...
OPEC Top Official Sees $110 A Barrel As Fair
VIENNA (AP) — OPEC's secretary general says oil prices could rise by about $25 from their present levels without threatening the world economy.
Crude prices have dropped steeply in recent months with the U.S. benchmark selling Friday at just below $85 a barrel...
Oil Rises Ahead Of Key OPEC Meeting
The price of oil is rising ahead of a key OPEC meeting in Vienna.
Benchmark oil increased 64 cents to $83.34 per barrel Tuesday in New York. Brent crude fell 50 cents to $97.50 in London.
When the Organization of Petroleum Exporting Countries meets Thursday, members such as Iran and Venezuela will lik…
Oil Prices Fall on Globel Economic Concerns
Oil is dropping after a bailout of Spain's banks has done little to ease doubts about a long-term solution for Europe's financial crisis.
Benchmark oil fell 75 cents to $83.35 per barrel Monday in New York. Brent crude dropped 38 cents to $99...
Oil Rises Slightly With All Eyes On Europe
The price of oil is swinging between small gains and losses as the market waits for Europe's next move in trying to clean up its financial mess.
Benchmark oil rose 17 cents to $84.15 per barrel Tuesday in New York. Brent crude rose 30 to $99...
Oil Prices Lower Ahead Of G8 Summit
Oil prices are lower ahead of a weekend meeting where leaders of the world's biggest economies will look for ways to help Europe resolve its debt crisis.
Benchmark oil fell 60 cents to $91.96 per barrel on Friday in New York. Brent crude dropped 32 cents to $107...

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