Oil prices retreated on Thursday after rising past $84 a barrel earlier in the session. Benchmark oil for November delivery lost 35 cents at $82.88 a barrel on the New York Mercantile Exchange. Get the full story »
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Quantitative easing could boost oil price
Further quantitative easing by the U.S. Federal Reserve could push oil prices to an average of $83 next year even if demand remains weak, analysts at Bank of America Merrill Lynch said on Friday. Get the full story »
Oil slips to $74 a barrel before Fed meeting
Oil prices slipped to near $74 a barrel Tuesday in Asia as traders looked to a key U.S. central bank meeting later in the day for possible new polices to help boost economic growth.
Benchmark crude for October delivery was down 59 cents, to $74.27, a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. The contract rose $1.20, to settle at $74.86, on Monday. Get the full story »
Oil jumps above $75 as S&P 500 hits 4-month peak
Oil prices rose on Monday, snapping a four-day slump and lifted by a rallying equities market expecting the U.S. Federal Reserve to keep its policies steady at a meeting this week and bouncing after crude prices slumped 3.7 percent last week. Get the full story »
Oil prices surge after Midwest pipeline shuts down
Oil prices surged Friday after a pipeline that delivered oil to Midwest refineries was shut down, raising questions about how long the supply may be disrupted.
Oil up to $75 as stocks rise, Europe worries ease
Oil prices followed stocks higher on Wednesday, as worries about European debt problems eased and buyers returned to the market.
Oil prices drop for sixth day on housing news
Oil prices sank again on Tuesday after a disappointing report on home sales underlined the slow economic recovery and weak demand for oil and gas.
Oil slips as Wall Street turns negative
Reuters | Oil slipped below $71 a barrel Monday as Wall Street turned negative and a stronger dollar weighed. Crude futures had earlier followed U.S. equities higher, but lower shares of industrial and big manufacturers weighed on the market, helping pull crude down.