U.S. oil futures fell more than $3, dropping below $112 a barrel to a 15-week low as the dollar rallied broadly on growing concerns about sliding demand.
oil futuresU.S. Crude Futures Fall Sharply, Below $112NYT > Business Fri, 08/15/2008 - 10:15
U.S. oil futures fell more than $3, dropping below $112 a barrel to a 15-week low as the dollar rallied broadly on growing concerns about sliding demand. Tags:
Why Oil Price Is High - Fed Printed Way Too Many DollarsDigg - Business & Finance Fri, 06/13/2008 - 19:40
The two biggest factors in oil’s high price are the weakness in the U.S. dollar’s exchange value and the liquidity that the Federal Reserve is pumping out. Oil drops in Asia after record rallyTopix - Business News Mon, 06/09/2008 - 13:43
Oil prices dropped Monday, retreating from a record surge late last week, and traders said the market would remain choppy amid jitters about supplies, growing global demand and a weak dollar. Crude futures made their biggest single-day jump ever Friday, soaring nearly $11 for the day to $138.54 a barrel, a rise of more than 8 percent that battered stocks on Wall Street. "Selling Our Futures": The Gas Price ScamNewsvine - business Sat, 06/07/2008 - 07:26
The future of gas prices is on everyone's minds. But does OPEC, gas companies really control the prices at the pump? Gas prices hold the line below $4, oil risesNewsvine - business Mon, 06/02/2008 - 14:08
Gasoline held steady near an average $3.98 a gallon at the pump Monday as a recent slide in oil futures stalled gas' advance to the $4 mark. Oil prices hold above $124 a barrel in Asian tradeTopix - Business News Fri, 05/09/2008 - 16:40
"U.S. gasoline stocks have certainly dropped quite sharply over the last month" Oil prices held close to a record above $124 a barrel Friday in Asia as bullish momentum and renewed weakening of the U.S. dollar against foreign currencies kept the commodity on its upward trend. Oil passes $120, gas prices slip more than a centNewsvine - business Mon, 05/05/2008 - 10:20
Oil futures surged to a new record over $120 a barrel Monday as supply threats emerged overseas and the dollar weakened against the euro. Tags:
Gas hits $3.60 a gallon, crude nears $120 on supply outagesNewsvine - business Mon, 04/28/2008 - 10:02
Gas prices hit $3.60 a gallon and oil futures rose to their own new record near $120 a barrel on Monday as labor actions overseas threatened crude supplies. Profit-Taking Pulls Oil Back From $103Newsvine - business Thu, 02/28/2008 - 23:01
Oil futures retreated from a new overnight record above $103 as the dollar gained strength and Turkish forces withdrew from northern Iraq, removing two of the reasons underpinning crude's dramatic 19 percent rise from earlier this month. Oil Pushes Past $101 on Fed ViewNewsvine - business Wed, 02/20/2008 - 05:43
Oil futures rallied again Wednesday, pushing briefly past $101 a barrel after the Federal Reserve lowered its forecast for economic growth this year, convincing energy investors that the central bank will slash interest rates further. |