Crude Oil
Oil futures edge lower
After an early-morning bounce Monday on optimism about a resolution to the European debt crisis, oil futures slipped back from their highs and were lower as trading got underway in New York.
FULL STORY »
Oil futures: Crude stabilizes, but pessimism prevails
Crude futures shook off another sharp drop early Friday morning and recovered to settle just slightly lower, ending a week that erased 9% off the price of a barrel of oil.
FULL STORY »
Oil futures: Crude continues drop, hitting 6-week low
Oil futures continued to head south in early trading Friday, breaking below the $80 a barrel level and hitting their lowest point since Aug. 9.
FULL STORY »
Oil futures: Crude prices sink briefly below $80; Fed blamed
Oil prices tumbled hard Thursday as traders rushed out of risk-based assets after the Federal Reserve's stimulus effort--and its dour economic outlook--left them cold.
FULL STORY »
Oil futures: Crude prices skid to lowest level in a month
Nymex oil futures tumbled more than 6% to their lowest level in over a month in heavy early trading Thursday morning, in tandem with a steep selloff in other commodity markets and equities.
FULL STORY »
Oil futures: Crude drops in wake of Fed announcement
Crude futures dropped $1 in choppy trading Wednesday, after the Federal Reserve announced plans to boost the listless U.S. economy by purchasing longer-dated government debt.
FULL STORY »
Sanctions on Syria unlikely to significantly impact international oil markets
Syria has recently become the target of tightened international sanctions prohibiting its oil exports to the United States and European Union.
FULL STORY »
Gasoline prices fall six cents; diesel prices also down
The U.S. average retail price of regular gasoline fell for the second straight week, sliding six cents to reach $3.60 per gallon. The average price is $0.88 per gallon higher than last year at this time.
FULL STORY »
Oil futures: Oil treads water; waiting for fed action
Nymex oil futures meandered lower Wednesday morning in light trading as investors wait to see what action the Federal Reserve may announce in the afternoon.
FULL STORY »
Oil futures: Crude climbs in anticipation of fed action
Oil futures halted a two-session slide Tuesday that had erased more than 5% of their value on optimism that U.S. central bankers will soon announce steps to stimulate the U.S. economy.
FULL STORY »
Oil futures inch higher tracking equities, Euro
Oil futures, reversing a two-day losing streak, rose slightly Tuesday, following a recovery in U.S. equities and the euro. Traders also appeared to be anticipating action out of the Federal Reserve this week to boost the sagging U.S. economy.
FULL STORY »
