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Oil drops 7 percent to 3-1/2-year low below $50
NEW YORK - Oil prices dropped more than 7 percent to below $50 a barrel on Thursday as a bearish U.S. jobs report intensified concerns of a long and deep global recession and further crushed fuel demand expectations.
Nations:Kuwait Venezuela Saudi Arabia Activities:2007-8 Oil Crisis Source:(Reuters)
2008-11-20
Oil falls below $54 a barrel
VIENNA, Austria - Oil prices slipped further Wednesday, dipping below $54 on fears of global economic weakness that have sent crude down more than 60 percent in four months.
Activities:2007-8 Oil Crisis Source:(AP)
2008-11-19
Further signs of stress in Canada's oil sands
TORONTO - Canada's booming oil sands industry showed more signs of cooling off Monday as crude prices continued their long plummet from record summer highs.
Nations:Canada Saudi Arabia People:Barack Obama Activities:2007-8 Oil Crisis Source:(AP)
2008-11-17
Oil lingers near $55 as investors mull recession
SINGAPORE - Oil prices lingered near $55 a barrel Tuesday in Asia as investors mulled more dire news pointing to a prolonged recession in developed countries and sustained weakness in demand for crude.
Activities:2007-8 Oil Crisis Source:(AP)
2008-11-17
OPEC head: oil production cuts unlikely this month
ALGIERS, Algeria - More oil output reductions aren't likely this month because OPEC members haven't yet fully enforced previous quotas and the organization needs more data before it reaches a decision, the cartel's president said Sunday.
Nations:Algeria Kuwait Activities:2007-8 Oil Crisis Source:(AP)
2008-11-16
| Headlines |
- Oil drops 7 percent to 3-1/2-year low below $50 2008-11-20
- Oil falls below $54 a barrel 2008-11-19
- Further signs of stress in Canada's oil sands 2008-11-17
- Oil lingers near $55 as investors mull recession 2008-11-17
- OPEC head: oil production cuts unlikely this month 2008-11-16
- Oil falls to $55 on grim US economic outlook 2008-11-12
- Oil falls to $60 as China spending optimism wanes 2008-11-11
- Gasoline continues plunge; crude tumbles below $60 2008-11-11
- Oil rises on China rescue plan, Saudi cuts 2008-11-10
- Putin says Russia should act to influence oil prices 2008-11-10
- OPEC president won't rule out another output cutback 2008-11-08
- Oil steady at $61 after 2-day plunge 2008-11-06
- Oil falls below $65 on demand concerns 2008-11-06
- Oil prices surges above $70 in volatile week 2008-11-04
- Oil prices fall as US economic woes mount 2008-11-04
- U.S. crude futures down $4 on demand concerns 2008-11-03
- Oil slips, despite firming stock markets 2008-11-03
- U.S. gasoline prices in steepest drop ever 2008-10-26
- Stocks, oil, gold tank on growing recession fears 2008-10-24
- Stocks, oil, gold tank on growing recession fears 2008-10-24
- Oil prices plunge, gas prices follow 2008-10-24
- Oil trades below $65 despite OPEC cuts output 2008-10-24
- OPEC slashes production; crude continues to tumble 2008-10-24
- Cheaper gas doesn't mean anyone's spending freely 2008-10-23
- OPEC chief foresees oil output cut despite economic crisis 2008-10-23
- OPEC chief says output cut must consider consumers, producers 2008-10-22
- Oil falls below $67 on US recession fears 2008-10-22
- Oil above US$74 as OPEC eyes production cut 2008-10-21
- Russia, Iran and Qatar discuss OPEC-style cartel 2008-10-21
- Venezuela to propose cut in oil production: Chavez 2008-10-19
- Analysts: 1 million barrel OPEC cut not enough 2008-10-19
- Oil falls to 14-month low on bad US economic data 2008-10-16
- Oil dips below $75 as OPEC cuts demand forecast 2008-10-15
- Oil seesaws as financial market panic eases 2008-10-14
- Oil rises above $84 as financial panic eases 2008-10-14
- Oil plummets below $83 on global slowdown fears 2008-10-10
- Oil plunges to 13-month low on global slowdown 2008-10-10
- Traders look for direction on oil market 2008-10-09
- Cheaper Gas Prices, but Less Demand 2008-10-08
- Oil drops 6 percent to below $88 on demand concerns 2008-10-06
- Oil prices hit eight-month lows under $90 2008-10-06
- Oil near $95 a barrel on confidence of US bailout 2008-10-03
- Oil falls below $94 on falling global demand 2008-10-02
- Sour economy tied to psychology that fed gas panic 2008-09-28
- Oil falls below $106 on weak US energy demand 2008-09-24
- Oil rises above $108 as investors eye US bailout 2008-09-24
- Oil falls below $107 after record one-day surge 2008-09-23
- Oil briefly jumps $25 a barrel on bailout anxiety 2008-09-22
- Oil prices end higher as stock market rallies 2008-09-18
Matches Shown: | 1-50 | 51-100
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| Most-viewed |
- Stocks, oil, gold tank on growing recession fears 2008-10-24
- Oil slips, despite firming stock markets 2008-11-03
- OPEC slashes production; crude continues to tumble 2008-10-24
- Oil trades below $65 despite OPEC cuts output 2008-10-24
- Oil falls to $55 on grim US economic outlook 2008-11-12
- Oil prices plunge, gas prices follow 2008-10-24
- Stocks, oil, gold tank on growing recession fears 2008-10-24
- U.S. crude futures down $4 on demand concerns 2008-11-03
- Cheaper gas doesn't mean anyone's spending freely 2008-10-23
- OPEC chief says output cut must consider consumers, producers 2008-10-22
- OPEC chief foresees oil output cut despite economic crisis 2008-10-23
- Oil falls below $67 on US recession fears 2008-10-22
- In oil-rich Norway, petrol prices most expensive in Europe 2008-07-23
- Surging prices may force more people from homes: UNHCR 2008-06-20
- Oil plummets below $83 on global slowdown fears 2008-10-10
- G8 pledges action on food, oil 2008-07-09
- Chinese cut fuel subsidies but demand fears remain 2008-06-22
- Oil prices close below $119 after inventory report 2008-08-06
- Would You Drive 55? 2008-07-27
- Oil prices near $146 a barrel for 1st time ever 2008-07-03
- Saudi Arabia to boost oil output. Will gas prices fall? 2008-06-23
- Oil hits new record, then reverses on worries 2008-06-16
- Oil hits record near $140 a barrel on dollar, fire 2008-06-16
- Gasoline continues plunge; crude tumbles below $60 2008-11-11
- Oil above US$74 as OPEC eyes production cut 2008-10-21
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