January 22, 2010
by
Elaine Frei
Crude oil prices fell again Friday, with March contracts for West Texas Intermediate crude down $1.23 to $74.85 per barrel at about half an hour before the close of floor trade on the New York Mercantile Exchange, while March Brent crude was $1.49 percent lower on the ICE Futures Europe exchange in London.
Nymex February gasoline futures were a cent ...
January 13, 2010
by
Elaine Frei
Oil prices slid Wednesday after the US Energy Information Administration said that crude oil stockpiles were higher last week.
In midday trade, February contracts for West Texas Intermediate crude were down 99 cents to $79.80 per barrel after going as low as $78.37 per barrel earlier in the session in the New York Mercantile Exchange, while at last report February ...
January 11, 2010
by
Elaine Frei
Crude oil prices were lower Monday by late morning in New York after having been up slightly earlier in the session on demand from China, a weaker dollar and cold weather in the United States, but the retail price for gasoline in the US continued its upward spiral overnight.
February contracts for West Texas Intermediate crude was 32 cents ...
January 6, 2010
by
Elaine Frei
Crude oil prices were down Wednesday directly after the US Energy Information Administration issued its weekly US inventories report, but by midday prices in New York had more than made back those early declines.
The EIA reported that crude oil inventories grew by 1.3 million barrels last week, while gasoline stockpiles jumped by 3.7 million barrels when they ...
January 4, 2010
by
Elaine Frei
Crude oil prices rose to begin the New Year on Monday, starting out at nearly twice its price at the beginning of last year on a weaker US dollar and on weather forecasts that say that the eastern half of the US will have colder than normal weather through the middle of January.
February contracts for West Texas Intermediate crude ...
