Oil plunges near $64 as weak economic data spreads doubt about a recoveryNEW YORK — Oil prices tumbled to five-week lows Monday on growing evidence of an extended recession that could mean demand for energy will remain weak for some time. Oil falls below $67 a barrel as dollar gains on euro, US unemployment rate rises to 9.5 pctNEW YORK — Oil prices tumbled to their lowest level in a month Thursday following the release of woeful job numbers in Europe and the U.S. Crude prices fall for second day even though latest report shows supply is fallingNEW YORK — Oil prices fell Wednesday despite another decline in crude supply, with lingering doubts about whether people and businesses will be using more energy anytime soon. Oil rises above $70 as drop in US crude inventories suggest supplies tighteningNEW YORK — Oil prices climbed above $70 a barrel Wednesday with the government reporting that crude supplies dropped for the seventh time in eight weeks. Oil rises nears $72 as drop in US crude inventories suggest supplies tighteningNEW YORK — Oil prices climbed nearer to $72 a barrel Wednesday with early indications that the government could report crude supplies have dropped for the seven out of the past eight weeks. Oil caps volatile first half of 2009 by hitting 8-month high before falling sharplyCOLUMBUS, Ohio — Oil prices fell in volatile trading Tuesday not long after hitting an eight-month high. Retail gas drops every day this week; oil follows Wall Street and falls below $70NEW YORK — Pump prices fell every day this week, easing off a summer peak near $2.70 a gallon as U.S. storage facilities swelled with unused gasoline. Oil rises above $70 per barrel; new data suggests economy hasn’t slowed as much as thoughtNEW YORK — Oil prices jumped above $70 a barrel Thursday after the government said that the economy may be faring better than previously thought. Oil rises above $69 per barrel; new data suggests economy hasn’t slowed as much as thoughtNEW YORK — Oil prices rose above $69 a barrel Thursday after the government said that the economy may be faring better than previously thought. Energy prices fall with gasoline supplies surging; Fed says inflation under controlNEW YORK — Energy prices fell Wednesday after the government reported that unused gasoline in storage grew for the third-straight week, another signal that consumer demand for energy is waning. Energy prices fall with gasoline supplies surging; traders await Fed statementNEW YORK — Oil prices fell Wednesday after the government reported that unused gasoline in storage has grown by millions of barrels. Oil prices rise as US supplies drop; traders await Fed meeting and watch for affect on dollarNEW YORK — Oil prices ticked higher Wednesday as U.S. supplies dropped more than expected. Crude prices resume upward climb; weak dollar again pushes energy higherCOLUMBUS, Ohio — The weakened dollar boosted oil prices once again Tuesday, ending a two-day slump. Crude prices fall with more predictions of slow global economic reboundCOLUMBUS, Ohio — Crude prices wavered Tuesday with more stark predictions of a long and painful downturn for the global economy. Oil falls below $67 as optimism on US economy wanes, World Bank sees deeper recessionNEW YORK — Retail gasoline prices retreated Monday for the first time in nearly two months and benchmark crude prices tumbled about 4 percent. Gasoline futures tumble to end the week, dragging down oil and other energy commoditiesNEW YORK — Gasoline markets exhibited the first signs that an extended rally in pump prices is nearing an end after 52 straight days on the rise. Energy prices drop after government reports of boosted gas imports and productionNEW YORK — Gasoline markets exhibited the first signs this week that an extended rally in pump prices is nearing an end after 52 straight days on the rise. Oil near $72 as investors eye inflation threat, money continues to pour into NymexNEW YORK — Oil rose to end the week despite government reports showing that U.S. manufacturing is in decline and that the nation continues to sit on a massive surplus of crude. Natural gas rally pauses but retail gasoline rises for 51st straight dayNEW YORK — A three-week rally in natural gas prices paused Thursday after the government reported a huge build in supplies, more evidence of a severely weak industrial sector. Gas prices rise for 50 straight days and counting; crude falls again, trading below $70NEW YORK — Retail gas prices climbed for the 50th straight day Wednesday and crude prices that had slumped all week bounced back. Retail gas prices on a streak as summer approachesSIOUX FALLS, S.D. — Retail gas prices rose for the 49th straight day Tuesday even though crude fell yet again. Pump prices rise for the 48th straight day, but signs of weakness appear in crude marketCOLUMBUS, Ohio — Gas prices rose Monday for the 48th straight day, matching a record going back to at least the 1970s, with prices now up nearly two-thirds since the beginning of the year even as demand from motorists remains weak. Gas prices rise for 45th straight day; oil prices fall as dollar bounces backNEW YORK — Gas prices rose Friday for the 45th consecutive day as summer travelers hit the highways and refineries hold back on fuel production. Oil prices fall below $72 per barrel with the dollar bouncing back to end the weekNEW YORK — Gas prices rose Friday for the 45th consecutive day as summer travelers hit the highways and refineries hold back on fuel production. Oil prices close near $73, an eight-month high, as first-time jobless claims fallNEW YORK — Oil prices hit an eight-month high as the dollar fell and a series of reports suggested that consumers and business may be more willing and able to spend money on energy. Oil prices bounce over $73, an eight-month high, as first-time jobless claims fallNEW YORK — Oil prices hit an eight-month high as the dollar fell and a series of reports suggested that consumers and business may be more willing and able to spend money on energy. Oil prices close in on $73, an eight-month high with as first-time jobless claims fallNEW YORK — Oil prices hit an eight-month high as the dollar fell and a series of reports suggested that consumers and business may be more willing and able to spend money on energy. Extended rally continues for oil; gas and oil prices hit new high for 2009HOUSTON — Oil prices surged again Wednesday to a new high for the year with investors pouring money into crude markets as a hedge against inflation. Retail gasoline prices flatten after 42 days on the rise; crude passes $70 againHOUSTON — While crude settled above $70 a barrel for the first time this year, gasoline prices failed to rise overnight for the first time in 42 days, signaling a possible break for motorists as summer driving shifts into high gear. Gasoline prices remain steady after 42 days on the rise; oil prices again near $70HOUSTON — While crude flirted with $70 a barrel Tuesday, gasoline prices failed to rise overnight for the first time in 42 days, signaling a possible break for motorists as summer driving shifts into high gear. |
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