Oil Prices

1-17 of 38 results

Oil prices wobble on recovery concerns

AFP Global Edition 4 days ago

Oil prices remained depressed Friday amid a strengthening dollar and concerns over sustainable economic recovery. New York's main contract, light sweet crude for December delivery, dropped 74 cents to end the week at 76.72 dollars after slumping by more than two dollars ...

Natural gas plunges 12 percent this month

AP News 4 days ago

Good news for home heating: With the most natural gas in storage, prices plunge by 12 percent Natural gas prices have dropped by more than 12 percent in the past month as the country continues to sip at its energy reserves and ...

Oil prices mixed as inventories stay high

AFP Global Edition 4 days ago

Oil prices dropped on Friday and were likely to stay under 80 dollars because of high energy inventories in the United States, the world's biggest energy-consuming nation, analysts said. New York's main contract, light sweet crude for December delivery, fell 21 cents ...

Oil moves down near $77 amid economic uncertainty

AP News 4 days ago

Oil edges down toward $77 in European trade amid economic uncertainty Oil prices edged down toward $77 a barrel on Friday after a drop in many stock markets and amid concern about the strength of the global economic recovery. By early afternoon ...

Oil falls more than 2 percent, eyes dollar, equities

Reuters US Online Report Top News 5 days ago

NEW YORK (Reuters) - U.S. crude futures fell more than 2 percent on Thursday as a stronger dollar weighed and weaker equities raised concern about the economy and a potential rebound in energy demand. U.S. crude prices for December delivery fell $1.92 ...

Oil prices fall after rally above $80

AFP Global Edition 5 days ago

Oil prices retreated on Thursday one day after news of falling US energy inventories had sent them spiking above 80 dollars. New York's main contract, light sweet crude for December delivery, fell 46 cents to 79.12 dollars a barrel. Brent North Sea ...

Oil prices head towards $80

AFP Global Edition 6 days ago

Oil prices climbed towards 80 dollars on Wednesday on expectations that key data will show a drop in fuel stocks in the United States, the world's biggest energy-consuming nation, traders said. New York's main contract, light sweet crude for December delivery, rose ...

Oil prices lose ground

AFP Global Edition 7 days ago

World oil prices fell on Tuesday as the dollar strengthened and after recent gains for crude partly spurred by hopes of improved energy demand, analysts said. New York's main contract, light sweet crude for December delivery eased 36 cents to 78.54 dollars ...

Kuwait says OPEC to keep production steady

AFP Global Edition 7 days ago

Kuwait's Oil Minister Sheikh Ahmad Abdullah al-Sabah said on Tuesday OPEC will leave its production unchanged at its meeting next month, adding that current oil price was "comfortable." "Nothing. (Quota will remain) as is," the minister told reporters when asked if the ...

Oil prices rally on weak dollar, demand expectations

AFP Global Edition 8 days ago

Oil prices climbed Monday amid a weak dollar and rising demand expectations boosted by growth prospects, including in Japan, the world's second largest economy. OPEC, the cartel of key oil producers, also signalled that 75-80 dollars a barrel was a satisfactory level ...

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