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Oil Price Decline Shrinks Trade Deficit

Nov. 13, 2008
A decline in crude oil prices helped to narrow the United States trade deficit in September, but both imports and exports fell sharply.
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Crude oil prices near $40 per barrel

NEW YORK, Dec. 5 (UPI) -- Crude oil prices dropped Friday on the New York Mercantile Exchange with prices down more than 20 percent in the past week and headed toward $40 per barrel.

Crude oil closes lower Thursday

NEW YORK, Dec. 4 (UPI) -- Crude oil prices dropped to less than $44 a barrel Thursday on the New York Mercantile Exchange, hitting its lowest closing price in 35 months.
Crude oil prices fall slightly

Crude oil prices fall slightly

NEW YORK, Dec. 3 (UPI) -- Crude oil prices fell slightly on the New York Mercantile Exchange Wednesday following an OPEC request to have Russia and others join their ranks.
Oil prices fall Tuesday

Oil prices fall Tuesday

NEW YORK, Dec. 2 (UPI) -- Crude oil prices fell Tuesday to $46.96 a barrel on the New York Mercantile Exchange, plunging to a low unseen in more than three and a half years.

Crude oil prices fall sharply

NEW YORK, Dec. 1 (UPI) -- Crude oil prices fell sharply on the New York Mercantile Exchange Monday as data showed U.S. manufacturing in decline.

Crude prices rise Friday

NEW YORK, Nov. 28 (UPI) -- Crude oil prices rose slightly on the New York Mercantile Exchange Friday, a day before OPEC oil ministers are to meet in Cairo.

Crude oil prices down Thursday morning

NEW YORK, Nov. 27 (UPI) -- Crude oil prices fell Thursday morning on the New York Mercantile Exchange although investors remain wary that OPEC may cut production soon.

Crude oil prices up

NEW YORK, Nov. 26 (UPI) -- Crude oil prices jumped Wednesday on the New York Mercantile Exchange, as investors anticipated a possible OPEC production cut announcement.
Crude oil prices fall overnight

Crude oil prices fall overnight

NEW YORK, Nov. 25 (UPI) -- Crude oil prices dropped sharply on the New York Mercantile Exchange after a strong rally on Wall Street Monday boosted prices briefly.

Venezuela's Chavez calls for fix oil price

CARACAS, Venezuela, Nov. 25 (UPI) -- Venezuelan President Hugo Chavez said crude oil prices should be set at a fixed price in the wake of recent oil price decreases.
Crude oil prices rise Monday

Crude oil prices rise Monday

NEW YORK, Nov. 24 (UPI) -- Crude oil prices rose on the New York Mercantile Exchange Monday, rallying as a U.S. government rescue of a major bank also lifted stock prices.

Crude oil prices rise Friday

NEW YORK, Nov. 21 (UPI) -- Crude oil prices rose Friday on the New York Mercantile Exchange, after dropping below $50 per barrel Thursday for the first time in two and a half years.

Crude oil prices drop below $50 a barrel

NEW YORK, Nov. 20 (UPI) -- Crude oil prices dropped sharply Thursday on the New York Mercantile Exchange, falling below $50 per barrel for the first time since May 2005.

Japan posts trade deficit in October

TOKYO, Nov. 20 (UPI) -- Japan's falling exports and rising imports together produced a trade deficit of $668.5 million, for October, the government said Thursday.
Crude oil prices close lower

Crude oil prices close lower

NEW YORK, Nov. 19 (UPI) -- Crude oil prices dropped Wednesday on the New York Mercantile Exchange as U.S. inventories of crude oil and gasoline increased last week.
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Lori Anne Madison, 6, competes in Scripps National Spelling Bee
View Caption
Lori Anne Madison, 6, of Woodbridge, Virginia, spells out the letters in her word as she competes during the opening round of the Scripps National Spelling Bee, May 30, 2012, in National Harbor, Maryland. Madison, the youngest known qualifier in the history of the contest, correctly spelled the word "dirigible*", a lighter-than-air aircraft, to advance. UPI/Mike Theiler