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Latest To 2008 world oil market chronology Stories

2009-10-05 09:03:57

Crude oil prices fell close to $69 per barrel on the New York Mercantile Exchange Monday after Wall Street equities fell in the previous week. Stocks fell during four of five trading sessions last week, shaking up confidence in what had been a six-month rally. On Monday, the price of light, sweet crude fell 94 cents to $69.01 per barrel. Heating oil prices lost 0.0295 cents to $1.7673 per gallon, while reformulated gasoline prices fell 0.0199 cents to $1.721 per gallon. Natural gasoline...

2009-10-01 17:29:07

Crude oil prices held steady on the New York Mercantile Exchange Thursday after jumping above $70 per barrel in the previous trading session. The price of light, sweet crude jumped close to $3.50 per barrel Wednesday, but kept within a long-term pattern. The price of oil has bounced between $66 and $74 per barrel for the past month. Energy prices were relatively stable Thursday, the price of crude oil reaching $70.35 per barrel. Heating oil prices lost 0.0075 cents to $1.8199 per gallon....

2009-10-01 08:58:21

Crude oil prices held steady overnight on the New York Mercantile Exchange after jumping above $70 per barrel in the previous trading session. The price of light, sweet crude jumped close to $3.50 per barrel Wednesday, but kept within a long-term pattern, The price of oil has bounced between $66 and $74 per barrel for the past month. Energy prices were stable overnight, the price of crude oil losing 2 cents to $70.59 per barrel. Heating oil prices lost 0.0052 cents to $1.8272 per gallon....

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2009-09-29 08:23:25

Crude oil prices fell to nearly $66 per barrel on the New York Mercantile Exchange Tuesday, the lowest price in more than a month. The price of light, sweet crude fell 77 cents overnight to $66.07 per barrel. Heating oil prices dropped 0.0097 cents to $1.6812 per gallon. Reformulated gasoline prices lost 0.18 cents to $1.62 per gallon. Natural gas prices dropped 0.185 cents to $4.645 per million British thermal units. At the pump, the national average price of unleaded gasoline was $2.487 per...

2009-09-24 16:36:14

Crude oil prices slipped under $66 per barrel on the New York Mercantile Exchange Thursday after the government said oil inventories had risen in the week. The U.S. Energy Information Administration said demand for gasoline was up 4.5 percent over a four-week rolling average in the week ending Sept. 19, compared to the same period a year ago. But supplies were also up. Crude oil stockpiles rose 2.8 million barrels in the week. Gasoline inventories rose by 5.4 million barrels, the EIA said...

2009-09-22 08:54:15

Crude oil prices stayed within range of recent trading, but rose above $71 per barrel on the New York Mercantile Exchange Tuesday, In the past month light, sweet crude has traded between $67 and $73.50 on the exchange. Tuesday, crude oil prices jumped $1.74 to $71.45 per barrel. Heating oil prices gained 0.0458 cents to $1.7975 per gallon. Reformulated gasoline prices added 0.0424 cents to $1.7938 per gallon. Natural gas prices rose 0.101 cents to $3.677 per million British thermal units. At...

2009-09-18 09:09:37

Crude oil prices fell to nearly $72 per barrel on the New York Mercantile Exchange, as U.S. inventories remain high while demand remains low. In overnight trading, the price of light, sweet crude fell 40 cents to $72.07 per barrel. Heating oil prices gained 0.0015 cents to $1.8424 per gallon. Reformulated gasoline prices lost 0.0067 cents to $1.8445 per gallon. Natural gas prices added 0.119 cents to $3.577 per million British thermal units. At the pump, the national average price of unleaded...

2009-09-16 16:57:46

Crude oil prices climbed out of a holding pattern, coming close to $72.50 per barrel Wednesday after the government said U.S. inventories fell. The U.S. Energy Information Administration said domestic stockpiles of crude oil declined by 4.7 million barrels in the week ending Sept. 11. On the New York Mercantile Exchange, the price of light, sweet crude oil rose $2.14 to $72.44 per barrel. Heating oil prices rose 0.061 cents to $1.821 per gallon. Reformulated gasoline prices rose 0.0713 cents...

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2009-09-14 08:13:14

A week of escalating energy prices settled down during the weekend, with the price of crude oil falling below $69 per barrel in New York on Monday. Prices began to ease back on the New York Mercantile Exchange Friday after a run-up triggered by a meeting of oil ministers of the Organization of Petroleum Exporting Countries. Last week, oil ministers decided to leave production quotas unchanged, signaling satisfaction with oil prices that have hovered near $70 per barrel since early August....

2009-09-11 16:16:40

Crude oil prices slid below $70 per barrel Friday, ending a three-day run-up triggered by an OPEC meeting in Vienna. Oil ministers from the Organization of Petroleum Exporting Countries elected to keep production quotas unchanged and expressed satisfaction with current prices, which have climbed from about $45 per barrel in January to a recent plateau of $70 per barrel. But the decision was made the same week IHS Cambridge Energy Research Associates said demand for oil would rise in 2010 for...


Word of the Day
cenobite
  • One of a religious order living in a convent or in community; a monk: opposed to anchoret or hermit (one who lives in solitude).
  • A social bee.
This word comes from the Latin 'coenobium,' convent, which comes from the Greek 'koinobios,' living in community.
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