Oil Prices

Oil Drops Below $100
Oil Drops Below $100
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. Benchmark crude hit $99.99 in morning trading...
Oil Falls On Weaker Chinese Growth
Oil Falls On Weaker Chinese Growth
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. From January to March, however, China's economy grew by just 8...
Oil Prices Fall As Supplies Grow
Oil Prices Fall As Supplies Grow
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 $2.25, or 2.1 percent, to $105.09 per barrel in New York while Brent crude lost $1...
Oil Prices Rise On Unexpected Supply Drop
Oil Prices Rise On Unexpected Supply Drop
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 1.2 million barrels. Analysts expected supplies to grow by 2...
Oil Prices Lower After Supply Report
Oil Prices Lower After Supply Report
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 $3.811 per gallon. Benchmark crude fell by 61 cents to $106...
Oil Prices Up Slightly After US GDP Revision
Oil Prices Up Slightly After US GDP Revision
Oil Prices Up Slightly After US GDP Revision
NEW YORK (AP) — The price of oil is slightly higher Wednesday. Investors are weighing a higher estimate from the government on U.S. economic growth against an industry report showing a decline in oil demand. Oil demand in the U.S. has tumbled as prices rose to nine-month highs...

Load More Articles