Oil Prices

Oil Prices Flat Ahead Of ECB Meeting
Oil Prices Flat Ahead Of ECB Meeting
Oil Prices Flat Ahead Of ECB Meeting
The price of oil remained little changed Tuesday as traders weighed two opposing forces: Stimulus programs in Europe and the U.S. could free up cash for oil purchases, but oil supplies are plentiful and demand is weak. U.S. benchmark crude rose a penny to $96...
Oil Rises As Isaac Plows Through Gulf
Oil Rises As Isaac Plows Through Gulf
Oil Rises As Isaac Plows Through Gulf
Oil prices are rising as Isaac pushes into the heart of the Gulf's oil and refinery operations. Benchmark crude gained 41 cents to $95.88 per barrel Tuesday in New York. Forecasters expect Isaac to intensify into a hurricane by the time the storm reaches Louisiana later Tuesday...
Oil Prices Rise On Big Drop In U.S. Supplies
Oil Prices Rise On Big Drop In U.S. Supplies
Oil Prices Rise On Big Drop In U.S. Supplies
An unexpectedly large drop in U.S. crude oil inventories is driving up the price of oil. Benchmark oil gained 33 cents to $93.75 per barrel Wednesday in New York. Brent crude increased 97 cents to $115 per barrel in London. The Energy Department says crude inventories fell 3...
Oil Falls On New Signs Of Slowing Global Economy
Oil Falls On New Signs Of Slowing Global Economy
Oil Falls On New Signs Of Slowing Global Economy
The price of oil is falling as Japan becomes the latest country to report slower economic growth. Benchmark crude fell 62 cents Monday to $92.25 per barrel in New York. Japan says its economy grew less than expected in the second quarter in part because of less demand for its exports in Europe...
Oil Price Falling After Bernanke Comments
Oil Price Falling After Bernanke Comments
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...

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