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Category: Crude Oil Prices

Oil drops below $90 for 1st time since Nov. 1

The price of oil has dropped below $90 for the first time in nearly seven months as U.S. supplies continue to grow.  More »
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Oil falls below $91 as Iran allows nuclear probe

Oil fell to a seven-month low below $91 a barrel Wednesday after Iran agreed to allow the U.N. nuclear agency to restart an investigation into the country’s nuclear program.  More »
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Oil prices up on expectations for improving demand

Oil rose above $92 a barrel Monday in Asia ahead of talks this week aimed at avoiding a military conflict over Iran’s nuclear program.  More »
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Oil falls to near $92 after sharp 2-week selloff

Oil prices fell to near $92 a barrel Friday in Asia, extending a sharp two-week selloff as the latest twists in Europe’s debt crisis added to a gloomy economic outlook.  More »
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Oil rises to above $93 as traders mull Europe

Oil prices rose slightly to above $93 a barrel Thursday in Asia as traders mulled whether concern over Europe’s debt crisis justifies extending a sharp two-week sell-off.  More »
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Iran seen losing 500,000 barrels of oil shipments daily

Iran’s oil exports have the potential to fall another 300,000 to 500,000 barrels a day or more when the European Union’s embargo takes effect in July, according to Barclays Plc.  More »
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Oil falls to 6-month low near $92 on US supplies

Oil prices dropped to fresh six-month lows near $92 a barrel Wednesday in Asia after a report showed U.S. crude supplies surged more than expected last week.  More »
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Crude oil prices hit Texas sweet spot

Crude oil prices might not seem picture perfect for consumers, but they’re just right for those in the energy industry.  More »
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Oil hovers below $95 amid Europe worries

Oil prices hovered below $95 a barrel Tuesday in Asia near a five-month low amid concern about Europe’s debt crisis.  More »
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Oil down to near $94 on China, Europe concerns

Oil prices fell below $95 a barrel Monday in Asia amid investor concern that China’s economy, the world’s second-largest, is slowing faster than previously expected.  More »
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Oil price declines on slower China growth

Oil prices fell to near $96 a barrel Friday amid concern global crude demand will grow less this year than previously expected.  More »
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Natural gas price highest since February

The price of natural gas has soared 30.4 percent since hitting a 10-year low on April 19.  More »
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