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Oil Prices
Oil's 2-week nosedive shows up at the pump
- Whether or not any bubble has burst, Americans now live in an economy where the prospect of a gallon of gas for less than $4 is cause for relief.
Oil drops again as US pump prices slip to near $4
- Oil prices sank to their lowest point in weeks Friday as investors questioned whether crude has cooled enough to reflect a serious deterioration in demand. Prices at the pump eased to nearly $4 a gallon, and AAA said a gallon of gas could cost as much as 25 cents less by Labor Day.
Oil slips; traders look for signs of stability
- Oil prices slipped below $125 Friday, yet a number of traders believe that even with flagging fuel demand, the cost for a barrel of oil may be stabilizing, if not ready for another bounce.
Oil slips again but signs of stability appear
- Oil prices slipped to $125 Friday, yet a number of traders believe that even with flagging fuel demand, the cost for a barrel of oil may be stabilizing, if not ready for another bounce.
Oil rises above $126 a barrel
- Oil rose above $126 a barrel on Friday, extending gains in the previous session after recent declines over the past two weeks. A weaker dollar is making oil futures more attractive to investors.
Oil rises above $126 after recent lows
- Oil extended a rebound Friday, rising above $126 a barrel after several declines over the past two weeks, although the market remains weighed down by the belief that falling fuel demand does not justify the recent high prices.
- Oil extended a rebound Friday, rising above $126 a barrel after several declines over the past two weeks, although the market remains weighed down by the belief that falling fuel demand does not justify the recent high prices.
Oil gains ground but natural gas continues slide
- Energy market investors managed to win back modest gains Thursday following oil's big drop a day earlier, but again drove natural gas prices sharply lower as a three-week sell-off of that fuel continued unabated.