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    Energy News: Crude Oil Prices

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    Crude Oil Trades Below $74 Amid Fears of Double-Dip Recession in the U.S.
    2 Sep 2010 at 6:55am
    Crude oil fell as initial U.S. jobless claims bolstered concern that the country?s economy will be slow to recover, crimping fuel demand.

    Crude oil rises after Gulf platform blast
    2 Sep 2010 at 2:38pm
    Crude oil rose for a second day after a platform owned by Mariner Energy Inc. in the Gulf of Mexico was struck by an explosion, bolstering concern that regulations will reduce output in the region.

    Crude oil prices climb Thursday
    2 Sep 2010 at 3:51pm
    NEW YORK, Sept. 2 (UPI) -- Crude oil prices rose Thursday on the New York Mercantile Exchange, closing in on $75 per barrel as equity prices were positive for the second consecutive day. New York Mercantile Exchange - Oil Prices - NEW YORK - New York City - United States

    Crude oil down, gold futures up after jobless data
    2 Sep 2010 at 5:59am
    NEW YORK (MarketWatch) -- Crude oil remained lower and gold futures higher on Thursday, after the government said first-time claims for unemployment benefits fell by 6,000 to 472,000 in the week ended Aug. 28. Crude for October delivery was recently off 20 cents at $73.71 a barrel at the New York Mercantile Exchange. Gold for December rose $1.20, or 0.1%, to $1,249.30 an ounce. The four-week ...

    Crude oil prices ease back Thursday
    2 Sep 2010 at 7:06am
    NEW YORK, Sept. 2 (UPI) -- Crude oil prices dropped on the New York Mercantile Exchange early Thursday but held above $73 per barrel on positive signals from equity markets. New York Mercantile Exchange - NEW YORK - New York City - Oil Prices - United States

    Crude Oil Weighed by Inventories, Gold Stalls as Equity Markets Rally
    1 Sep 2010 at 9:12pm
    Multi-decade highs in crude oil inventories kept a lid on oil prices, as the commodity failed to recapture the previous day?s losses despite surging equity markets. Gold is holding up well on insatiable investor demand.

    Crude Oil Heads for Weekly Decline on Forecast for U.S. Jobless Increase
    3 Sep 2010 at 1:25am
    Oil declined, headed for a weekly drop, on forecasts that a U.S. government report will show the jobless rate rose in August for the first time in four months, threatening the recovery in fuel demand.

    Crude oil rallies, gold down after ISM data
    1 Sep 2010 at 7:29am
    NEW YORK (MarketWatch) -- Crude oil futures rallied and gold futures deepened a decline on Wednesday after the Institute for Supply Management said the growth pace for U.S. manufacturers picked up for the first time in four months. Crude oil for October delivery jumped $1.59, or 2.2%, to $73.51 a barrel. Gold for December fell $2.40, or 0.2%, to $1,247.90 an ounce. The ISM's manufacturing index ...

    Crude oil, gold stay up after ADP jobs report
    1 Sep 2010 at 5:43am
    NEW YORK (MarketWatch) -- Crude oil and gold futures stayed higher on Wednesday, after payroll processor ADP said U.S. private-sector employment fell 10,000 in August. Crude oil for October delivery gained 76 cents, or 1%, to $72.71 a barrel. Gold for December delivery rose $5.40, or 0.5%, to $1,253.70 an ounce. On Friday, the government is scheduled to report nonfarm payrolls for August, with ...

    Crude oil rebounds from lowest in week
    1 Sep 2010 at 6:10pm
    Crude oil rebounded from its lowest level in a week as a declining dollar and advancing equity markets tempered concern that US fuel supplies are excessive.

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