Oil prices rebound after last week's huge losses

Oct. 13, 2008

NEW YORK (AP) -- Oil prices clawed back above $80 a barrel Monday, rebounding from a 13-month low as a stepped up global effort to rescue world financial markets lured investors back into equity and commodities markets....

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.

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 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.

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.

Oil projects in jeopardy as prices fall

BARCELONA, Spain, Nov. 19 (UPI) -- The declines in the world crude oil market may force oil majors to postpone future projects even if prices remain steady, Chinese officials said.

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.

Crude oil prices ignore winter's chill

NEW YORK, Nov. 18 (UPI) -- Crude oil prices fell Tuesday on the New York Mercantile Exchange, despite a cold front gripping the U.S. Northeast and Midwest.

Crude oil prices down Monday

NEW YORK, Nov. 17 (UPI) -- Crude oil prices fell to $55.01 a barrel on the New York Mercantile Exchange Monday as cold weather settled in for much of the Midwest and Northeast.

Crude oil prices rise Thursday

NEW YORK, Nov. 13 (UPI) -- Crude oil prices rallied on the New York Mercantile Exchange Thursday after falling to a 22-month low in the previous trading session.

Crude oil prices down as demand falters

NEW YORK, Nov. 12 (UPI) -- Lower gas consumption and a gloomy economy conspired to lower crude oil prices Wednesday.

Bahrain hedging against oil

MANAMA, Bahrain, Nov. 11 (UPI) -- Bahrain is looking for protection from the global economic meltdown by privatizing the communications and metals sector to hedge against oil, officials said.

OPEC plans early meeting, Iran says

TEHRAN, Nov. 10 (UPI) -- The Organization of Petroleum Exporting Countries may convene earlier than its Dec. 17 meeting if oil prices continue to drop, officials said Monday.

Energy commodities rise Monday

NEW YORK, Nov. 10 (UPI) -- Energy commodities rose slightly Monday, with crude oil rising 0.94 cents to $62.14 a barrel, after China announced a $586 billion economic stimulus package.