Oil prices bounce back to over $81 a barrel

sfgate.com

Oct. 13, 2008

Oil prices rebounded from a 13-month low Monday, pushing above $81 per barrel after the dollar weakened and investors trickled back into financial markets on hopes that a globally coordinated rescue plan will stave off an economic crisis. Prices were also...

Oil prices drop Monday

NEW YORK, Jan. 12 (UPI) -- Crude oil prices fell on the New York Mercantile Exchange Monday, following the U.S. government's announcement Friday unemployment had reached 7.2 percent.

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.

Oil industry faces lower prices

HOUSTON, Dec. 4 (UPI) -- A drop in oil prices from a record high of $147 a barrel this summer to $46.10 Thursday has squeezed the U.S. oil industry, analysts said.

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

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

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.

OPEC facing low prices, demand fall-off

CAIRO, Nov. 29 (UPI) -- Members of the Organization of Petroleum Exporting Countries, meeting Saturday in Cairo, say the informal talks are unlikely to result in production cuts.

Grain sales mixed in Chicago Friday

CHICAGO, Nov. 28 (UPI) -- Grains closed mixed on the Chicago Board of Trade Friday as oil prices rose and the dollar gained strength against the euro and yen.

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.

Grain prices fall in Chicago Tuesday

CHICAGO, Nov. 25 (UPI) -- Grains closed lower on the Chicago Board of Trade as the influences of a declining dollar and sliding crude oil prices canceled each other out Tuesday.

TNK-BP, Gazprom Neft protest fines

MOSCOW, Nov. 25 (UPI) -- Energy producers Gazprom Neft and TNK-BP said they would appeal fines imposed by the Russian Federal Anti-Monopoly Service for falsely inflating prices.

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.