Descension In the Tanks: Oil Prices Plunge
Oil prices plunged down today to $47 before settling at $47.25. The prices for light sweet crude as OPEC regains…
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Tag: Oil Prices
Oil Prices Steady While Saudis Cover Supply
Light sweet crude settled at $48.97 up 36 cents for the day on Tuesday after dropping to $47.60 on Monday.…
OPEC VS. Bottleneck
Oil futures traded up at midday on Tuesday even though U.S. inventories are expected to have increased in the weekly…
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…
Oil Prices Fall For Third Day In a Row
Oil prices fell for the third day in a row to under $48 a barrel yesterday as supplies continue to…
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…
Oil Prices Bounce After U.S. Inventories Rise
Oil prices bounce up and down this morning even after the U.S. Dept. of Energy announce a rise in inventories…
Oil Futures Start Back Down
Oil futures start back down in early trading this morning with light sweet crude down 24 cents before the floor…
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…
