Light Sweet Crude Continues To Drop
Light sweet crude started dropping on Monday morning dropping below the $48 mark more than once and going as low…
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Light Sweet Crude Makes Nice Sweet Drop
Light sweet crude dropped briefly below the $48 mark to 47.95 before heading back up $48.20 this morning. Brent North…
Oil Prices Sit While OPEC Ponders Production Levels
Light sweet crude prices climb almost to the $53 mark up 67 cents at $52.70 this morning. Meanwhile OPEC leaders…
Inventories Swell and Oil Prices Drop
The U.S. Energy Information Administration said oil inventories swelled 5.5 million barrels and crude prices descended $1.10 to $53.10 a…
Oil Prices Start Dropping
Oil prices started dropping this morning in early electronic trading on the New York Mercantile Exchange. This happens on the…
Fresh Fears in Oil Amid Saudi Attacks
Terrorist attacks in Saudi Arabia scared the price of oil futures up 43 cents to 54.63 in early trading for…
$52 a Barrel and Still Climbing
Oil prices shot above $52.51 a barrel on Wednesday morning as investors await U.S. reports on gasoline stocks for the…
OPEC Ups Production as Oil Prices Sit
OPEC announced a kick up in oil production yesterday as oil prices hover around $51 a barrel. The 500,000 bpd…
Relief May Be In Sight for Rising Fuel Costs
World leaders continue to harass OPEC to cuts costs and increase production on crude oil as the price of crude…
Oil Jumps Over $58 With OPEC Set to Discuss Output Increase
OPEC will be discussing a second increase in output which has caused oil prices to jump to over $58 a…
