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  • Oil little changed

    May 23, 2013 2:55 PM

    NEW YORK (AP) Crude oil futures prices ended slightly lower on the New York Mercantile Exchange. The near-month contract for the benchmark grade fell 3 cents, closing at $94.25 a barrel. more »
  • Crude falls

    May 22, 2013 2:44 PM

    Crude oil futures prices ended lower on the New York Mercantile Exchange. The near-month contract for the benchmark grade fell $1.90 -- closing at $94.28 a barrel. more »
  • Oil price falls toward $96 per barrel

    May 21, 2013 5:25 AM

    BANGKOK (AP) The price of oil retreated toward $96 per barrel Tuesday as investors waited for the Federal Reserve's latest views on the U.S. economy. Benchmark crude for June delivery was down 28 cents to $96.43 per barrel at late afternoon Bangkok time in electronic trading on the New York... more »
  • Oil price falls below $96 a barrel

    May 20, 2013 5:36 AM

    BANGKOK (AP) The price of oil fell Monday ahead of the release later this week of economic data from the U.S. and China, the world's two largest economies, and a speech by the Federal Reserve chief. Benchmark crude for June delivery was down 55 cents to $95.47 a barrel in... more »
  • Crude rises

    May 17, 2013 2:22 PM

    Crude oil futures prices ended higher on the New York Mercantile Exchange. The near-month contract for the benchmark grade rose 86 cents -- closing at $96.02 a barrel. more »
  • Oil rises

    May 16, 2013 2:54 PM

    NEW YORK (AP) Crude oil futures prices ended higher on the New York Mercantile Exchange. The near-month contract for the benchmark grade rose 86 cents, closing at $95.16 a barrel. more »
  • Crude falls

    May 10, 2013 2:49 PM

    Crude oil futures prices ended lower on the New York Mercantile Exchange. The near-month contract for the benchmark grade fell 35 cents -- closing at $96.04 a barrel. more »
  • Oil down

    May 7, 2013 2:51 PM

    NEW YORK (AP) Crude oil futures prices ended lower on the New York Mercantile Exchange. The near-month contract for the benchmark grade fell43 cents -- closing at $95.73 a barrel. more »
  • Oil rises

    May 6, 2013 2:52 PM

    NEW YORK (AP) Crude oil futures prices ended higher on the New York Mercantile Exchange. The near-month contract for the benchmark grade rose 55 cents to close at $96.16 per barrel. more »
  • Crude falls

    April 30, 2013 2:33 PM

    Crude oil futures prices ended lower on the New York Mercantile Exchange. The near-month contract for the benchmark grade fell $1.04 -- closing at $93.46 a barrel. more »
  • Oil flat

    April 29, 2013 2:45 PM

    NEW YORK (AP) Crude oil futures prices ended unchanged on the New York Mercantile Exchange. The near-month contract for the benchmark grade closed at $93.00 a barrel. more »
  • Oil falls below $93 after US growth falls short

    April 29, 2013 2:30 AM

    BANGKOK (AP) The price of oil extended losses Monday, falling below $93 a barrel after U.S. economic growth fell short of expectations. Benchmark crude for June delivery was down 31 cents to $92.69 a barrel at midafternoon Bangkok time in electronic trading on the New York Mercantile Exchange. The contract... more »
  • Crude falls

    April 26, 2013 2:40 PM

    Crude oil futures prices ended lower on the New York Mercantile Exchange. The near-month contract for the benchmark grade fell 64 cents -- closing at $93.00 a barrel. more »
  • Oil flat

    April 23, 2013 2:53 PM

    NEW YORK (AP) Crude oil futures prices ended little changed on the New York Mercantile Exchange. The near-month contract for the benchmark grade fell 1 cent to finish at $89.18 a barrel. more »
  • Oil higher

    April 22, 2013 2:51 PM

    NEW YORK (AP) Crude oil futures prices ended higher on the New York Mercantile Exchange. The near-month contract for the benchmark grade rose 75 cents to finish at $88.76 a barrel. more »
  • Oil gains for 3rd day, natural gas plunges

    April 22, 2013 2:43 PM

    NEW YORK (AP) Oil rose for a third straight day Monday, while natural gas plunged on forecasts for more seasonal weather. Benchmark oil for May gained 75 cents to finish at $88.76 on the New York Mercantile Exchange. Analysts said relatively low oil prices rekindled interest among buyers. Traders have... more »
  • Oil up

    April 19, 2013 2:49 PM

    NEW YORK (AP) Crude oil futures prices ended higher on the New York Mercantile Exchange. The near-month contract for the benchmark grade rose 28 cents to finish at $88.01 a barrel. more »
  • Crude falls

    April 17, 2013 2:59 PM

    Crude oil futures prices ended lower on the New York Mercantile Exchange. The near-month contract for the benchmark grade fell $2.04 -- closing at $86.68 a barrel. more »
  • Crude rises one cent

    April 16, 2013 2:53 PM

    Crude oil futures prices ended higher on the New York Mercantile Exchange. The near-month contract for the benchmark grade rose 1 cent -- closing at $88.72 a barrel. more »
  • Oil falls

    April 15, 2013 2:44 PM

    NEW YORK (AP) Crude oil futures prices ended lower on the New York Mercantile Exchange. The near-month contract for the benchmark grade fell $2.58, or 2.8 percent, to finish at $88.71 a barrel. more »
  • Oil falls

    April 12, 2013 2:52 PM

    NEW YORK (AP) Crude oil futures prices ended lower on the New York Mercantile Exchange. The near-month contract for the benchmark grade fell $2.22 -- closing at $91.29 a barrel. more »
  • Oil down

    April 11, 2013 2:43 PM

    NEW YORK (AP) Crude oil futures prices ended lower on the New York Mercantile Exchange. The near-month contract for the benchmark grade fell $1.13 -- closing at $93.51 a barrel. more »
  • Oil rises

    April 10, 2013 2:46 PM

    NEW YORK (AP) Crude oil futures prices ended higher on the New York Mercantile Exchange. The near-month contract for the benchmark grade rose 44 cents -- closing at $94.64 a barrel. more »
  • Oil rises

    April 8, 2013 2:49 PM

    NEW YORK (AP) Crude oil futures prices ended higher on the New York Mercantile Exchange. The near-month contract for the benchmark grade rose 66 cents to finish at $93.36 a barrel. more »
  • Oil slide continues, natural gas soars

    April 5, 2013 2:55 PM

    NEW YORK (AP) The price of oil dipped below $93 a barrel Friday after a weak U.S. jobs report cast doubt on the strength of the U.S. economy. U.S. benchmark oil fell 56 cents to close at $92.70 in New York. Brent Crude, which sets the price of oil used... more »
  • Oil steady after US manufacturing growth slows

    April 2, 2013 4:51 AM

    BANGKOK (AP) The price of oil was steady Tuesday after data showed U.S. manufacturing growth slowed in March. Benchmark oil for May delivery was up 3 cents to $97.10 per barrel at late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange. The contract fell 16 cents... more »
  • Oil rises again

    March 28, 2013 2:47 PM

    NEW YORK (AP) Crude oil futures prices ended higher on the New York Mercantile Exchange. The near-month contract for the benchmark grade rose 65 cents -- closing at $97.23 a barrel. more »
  • Oil steady above $96 as Cyprus banks reopen

    March 28, 2013 8:44 AM

    The price of oil was up slightly Thursday after climbing more than $4 in less than a week as financially troubled Cyprus reopened its banks after nearly two weeks. By early afternoon in Europe, benchmark oil for May delivery was up 8 cents to $96.66 a barrel in electronic trading... more »
  • Oil prices ease back after day of strong gains

    March 27, 2013 8:31 AM

    The price of oil eased back to below $96 a barrel Wednesday, a day after hitting a five-week high on the back of solid U.S. economic data, which raised hopes of the pace of recovery in the world's largest economy. By early afternoon in Europe, benchmark oil for May delivery... more »
  • Crude rises

    March 26, 2013 2:39 PM

    Crude oil futures prices ended higher on the New York Mercantile Exchange. The near-month contract for the benchmark grade rose $1.53 -- closing at $96.34 a barrel. more »
  • Oil rises

    March 25, 2013 2:49 PM

    NEW YORK (AP) Crude oil futures prices ended higher on the New York Mercantile Exchange. The near-month contract for the benchmark grade rose $1.10 to finish at $94.81 a barrel. more »
  • Oil rises after Cyprus financial bailout agreed

    March 25, 2013 8:26 AM

    The price of oil rose above $94 a barrel Monday after European nations agreed on a bailout for Cyprus that saves the country from a financial collapse that would have threatened the euro currency bloc. By early afternoon in Europe, benchmark crude for May delivery was up 77 cents to... more »
  • Oil rises after Cyprus financial bailout agreed

    March 25, 2013 5:25 AM

    BANGKOK (AP) The price of oil rose above $94 per barrel Monday after European nations agreed on a bailout for Cyprus that tamps down the latest flare-up in Europe's debt crisis. Benchmark crude for May delivery was up 50 cents to $94.21 per barrel at late afternoon Bangkok time in... more »
  • Oil prices rise as market awaits Fed statement

    March 20, 2013 8:24 AM

    The price of oil rose to around $93 a barrel Wednesday as energy markets appeared to set aside worries about the financial crisis in Cyprus and look to the U.S. Federal Reserve for signs about the future of its stimulus program. By early afternoon in Europe, benchmark oil for April... more »
  • Oil down as traders await US data, Cyprus vote

    March 19, 2013 5:32 AM

    BANGKOK (AP) The price of oil fell slightly Tuesday ahead of a vote by lawmakers in Cyprus on an unpopular proposal to impose a tax on bank deposits to fund a bailout for the cash-strapped country. Benchmark oil for April delivery was down 3 cents to $93.71 per barrel at... more »
  • Oil falls as Cyprus bailout details rattle markets

    March 18, 2013 8:23 AM

    The price of oil slid to near $92 a barrel Monday as investors grew worried about possible fallout from a plan to pay for a bailout for cash-strapped Cyprus by slapping a tax on deposits in the country's banks. By early afternoon in Europe, benchmark oil for April delivery was... more »
  • Oil rises

    March 15, 2013 2:50 PM

    NEW YORK (AP) Crude oil futures prices ended higher on the New York Mercantile Exchange. The near-month contract for the benchmark grade rose 42 cents -- closing at $93.45 a barrel. more »
  • Oil rises above $93 a barrel on stock market rally

    March 12, 2013 8:43 AM

    The price of oil rose to above $93 a barrel Tuesday, encouraged by recent gains on equity markets which overshadowed another expected rise in U.S. crude supplies. By early afternoon in Europe, benchmark oil for April delivery was up 96 cents to $93.02 a barrel in electronic trading on the... more »
  • Crude rises

    March 11, 2013 2:37 PM

    Crude oil futures prices ended higher on the New York Mercantile Exchange. The near-month contract for the benchmark grade rose 11 cents -- closing at $92.06 a barrel. more »
  • Oil rises

    March 7, 2013 2:50 PM

    NEW YORK (AP) Crude oil futures prices ended higher on the New York Mercantile Exchange. The near-month contract for the benchmark grade rose $1.13 to finish at $91.56 a barrel. more »
  • Oil lower

    March 6, 2013 2:39 PM

    NEW YORK (AP) Crude oil futures prices ended lower on the New York Mercantile Exchange. The near-month contract for the benchmark grade fell 39 cents to finish at $90.43 a barrel. more »
  • Oil rises

    March 5, 2013 2:56 PM

    NEW YORK (AP) Crude oil futures prices ended higher on the New York Mercantile Exchange. The near-month contract for the benchmark grade rose 70 cents to finish at $90.82 a barrel. more »
  • Oil near $90 as US spending cuts cause jitters

    March 4, 2013 11:46 PM

    BANGKOK (AP) The price of oil rose slightly on Tuesday, a day after dropping below $90 a barrel for the first time this year. Benchmark oil for April delivery was up 22 cents to $90.34 per barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange.... more »
  • Oil falls as US spending cuts loom

    March 1, 2013 8:11 AM

    The price of oil fell Friday by another $1 to below $91 a barrel, as the prospect of U.S. government spending cuts raised concerns about oil demand in the world's leading economy. By early afternoon in Europe, benchmark crude for April delivery was down $1.20 to $90.85 a barrel in... more »
  • Oil slips

    February 28, 2013 2:59 PM

    NEW YORK (AP) Crude oil futures prices ended lower on the New York Mercantile Exchange. The near-month contract for the benchmark grade fell 71 cents -- closing at $92.05 a barrel. more »
  • Oil rises amid Fed commitment to low rates

    February 27, 2013 2:35 AM

    BANGKOK (AP) The price of rose modestly Wednesday in Asia as regional stock markets got a boost from the Federal Reserve's sanguine view about the risks of its low interest rate policy. Benchmark crude for April delivery was up 28 cents to $92.91 a barrel at midafternoon Bangkok time in... more »
  • Crude falls

    February 26, 2013 2:40 PM

    Crude oil futures prices ended lower on the New York Mercantile Exchange. The near-month contract for the benchmark grade fell 48 cents -- closing at $92.63 a barrel. more »
  • Crude rises

    February 22, 2013 2:45 PM

    Crude oil futures prices ended higher on the New York Mercantile Exchange. The near-month contract for the benchmark grade rose 29 cents -- closing at $93.13 a barrel. more »
  • Oil snaps 2 days of steep losses, gains modest

    February 21, 2013 11:49 PM

    BANGKOK (AP) The price of oil snapped two days of steep losses Friday. Ample supplies and worries about the global economic outlook kept gains in check. Benchmark crude for April delivery was up 42 cents to $93.26 a barrel at midday Bangkok time in electronic trading on the New York... more »
  • Oil follows stocks higher

    February 19, 2013 2:55 PM

    The price of oil rose slightly Tuesday, following stocks and continuing a run-up that began two months ago. Benchmark crude for March delivery rose 80 cents to finish at $96.66 on the New York Mercantile Exchange. Nymex floor trading was closed on Monday for the Presidents Day holiday in the... more »
  • Oil rises

    February 14, 2013 2:34 PM

    NEW YORK (AP) Crude oil futures prices ended higher on the New York Mercantile Exchange. The near-month contract for the benchmark grade rose 30 cents -- closing at $97.31 per barrel. more »
  • Oil extends gains after OPEC lifts demand forecast

    February 13, 2013 2:53 AM

    BANGKOK (AP) The price of oil rose slightly Wednesday, adding to gains a day after OPEC upgraded its forecast for global crude demand. Benchmark oil for March delivery was up 8 cents to $97.59 per barrel at late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange.... more »
  • Oil up

    February 12, 2013 3:02 PM

    NEW YORK (AP) Crude oil futures prices ended higher on the New York Mercantile Exchange. The near-month contract for the benchmark grade rose 48 cents -- closing at $97.51 a barrel. more »
  • Oil dips slightly as Asia observes Lunar New Year

    February 10, 2013 11:27 PM

    BANGKOK (AP) Oil prices dipped slightly Monday, as much of Asia observed public holidays that kept many stock markets closed. Benchmark oil for March delivery fell 7 cents at midday Bangkok time to $95.65 per barrel in electronic trading on the New York Mercantile Exchange. The contract fell 11 cents... more »
  • Oil rises after China trade exceeds expectations

    February 7, 2013 11:41 PM

    BANGKOK (AP) Oil prices rose above $96 a barrel Friday after China reported better-than-expected monthly trade data, a sign that its economic recovery is gaining traction. Benchmark oil for March delivery was up 25 cents to $96.08 at midday Bangkok time in electronic trading on the New York Mercantile Exchange.... more »
  • Crude falls

    February 6, 2013 2:31 PM

    Crude oil futures prices ended lower on the New York Mercantile Exchange. The near-month contract for the benchmark grade fell 2 cents -- closing at $96.62 a barrel. more »
  • Oil steady in Asia after clawing back losses

    February 5, 2013 11:45 PM

    BANGKOK (AP) The price of oil was little changed Wednesday, underpinned by gradual improvement in the U.S and European economies. Benchmark crude for March delivery was up 5 cents to $96.69 a barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange. The contract rose 47... more »
  • Crude rises

    February 5, 2013 2:22 PM

    Crude oil futures prices ended higher on the New York Mercantile Exchange. The near-month contract for the benchmark grade rose 47 cents -- closing at $96.64 a barrel. more »
  • Crude falls

    February 4, 2013 2:28 PM

    Crude oil futures prices ended lower on the New York Mercantile Exchange. The near-month contract for the benchmark grade fell $1.60 -- closing at $96.17 a barrel. more »
  • Crude falls

    January 31, 2013 2:33 PM

    Crude oil futures prices ended lower on the New York Mercantile Exchange. The near-month contract for the benchmark grade fell 45 cents -- closing at $97.49 a barrel. more »
  • Crude rises

    January 30, 2013 2:57 PM

    Crude oil futures prices ended higher on the New York Mercantile Exchange. The near-month contract for the benchmark grade rose 37 cents -- closing at $97.94 a barrel. more »
  • Crude rises

    January 28, 2013 2:36 PM

    Crude oil futures prices ended higher on the New York Mercantile Exchange. The near-month contract for the benchmark grade rose 56 cents -- closing at $96.44 a barrel. more »
  • Oil rises above $96 ahead of US data

    January 27, 2013 11:48 PM

    BANGKOK (AP) The price of oil rose slightly Monday, a sign of investor confidence in the U.S. economy's recovery ahead of the release of data on jobs, home sales and the country's overall growth. Benchmark oil for March delivery was up 14 cents to $96.02 per barrel at midday Bangkok... more »
  • Crude rises

    January 17, 2013 2:32 PM

    NEW YORK (AP) Crude oil futures prices ended higher on the New York Mercantile Exchange. The near-month contract for the benchmark grade rose 125 cents -- closing at $95.49 a barrel. more »
  • Crude rises

    January 16, 2013 2:28 PM

    NEW YORK (AP) Crude oil futures prices ended higher on the New York Mercantile Exchange. The near-month contract for the benchmark grade rose 96 cents -- closing at $94.24 a barrel. more »
  • Oil rises ahead of US December production report

    January 16, 2013 2:56 AM

    BANGKOK (AP) Oil prices rose slightly ahead of the release of U.S. industrial production data for December that analysts expect will show additional evidence of a gradual economic recovery. Benchmark oil for February delivery was up 2 cents to $93.30 per barrel at late afternoon Bangkok time in electronic trading... more »
  • Crude falls

    January 15, 2013 2:44 PM

    Crude oil futures prices ended lower on the New York Mercantile Exchange. The near-month contract for the benchmark grade fell 86 cents -- closing at $93.28 a barrel. more »
  • Crude rises

    January 14, 2013 2:48 PM

    Crude oil futures prices ended higher on the New York Mercantile Exchange. The near-month contract for the benchmark grade rose 58 cents -- closing at $94.14 a barrel. more »
  • Oil falls

    January 11, 2013 2:51 PM

    NEW YORK (AP) Crude oil futures prices ended lower on the New York Mercantile Exchange. The near-month contract for the benchmark grade fell 26 cents -- closing at $93.56 a barrel. more »
  • Oil near $94 as China inflation picks up

    January 10, 2013 11:56 PM

    BANGKOK (AP) Oil prices edged up Friday but gains were contained by a rise in China's inflation that if sustained could limit measures to support growth. Benchmark oil for February delivery was up 3 cents to $93.85 per barrel at midday Bangkok time in electronic trading on the New York... more »
  • Oil rises on China trade, natural gas gains

    January 10, 2013 2:57 PM

    NEW YORK (AP) The price of oil rose Thursday, propelled by a rebound in China's trade growth. Benchmark oil gained 72 cents to finish at $93.82 a barrel in New York. It has now risen more than 9 percent in the past four weeks. Meanwhile, natural gas prices reversed course,... more »
  • Oil falls as uncertainty hits energy markets

    January 6, 2013 11:22 PM

    BANGKOK (AP) Oil prices fell Monday following uncertainty about future action from the U.S. Federal Reserve and data showing the U.S. unemployment rate unchanged. Benchmark crude for February delivery fell 20 cents to $92.89 per barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange. The... more »
  • Oil finishes higher on EIA supply report

    January 4, 2013 2:51 PM

    NEW YORK (AP) The price of oil finished higher Friday after the Energy Department's Energy Information Administration reported a much bigger drop in the nation's crude supplies than analysts expected. After trading lower much of the day, benchmark crude for February delivery closed up 17 cents at $93.09 a barrel... more »
  • Oil slips on stimulus concerns, ample supplies

    January 4, 2013 11:33 AM

    NEW YORK (AP) The price of oil fell Friday as investors weighed the possibility that the Federal Reserve might end its extraordinary economic stimulus measures later this year and the nation's crude supplies remained more than ample. Benchmark crude for February delivery fell 39 cents to $92.53 a barrel on... more »
  • Oil prices fall to near $92 a barrel

    January 3, 2013 11:51 PM

    BANGKOK (AP) Oil prices fell Friday as euphoria faded over a budget deal reached earlier this week by U.S. lawmakers and traders focused on signs of lackluster demand. Benchmark crude for February delivery fell 74 cents at midday Bangkok time to $92.18 per barrel in electronic trading on the New... more »
  • Oil steady as 'fiscal cliff' deadline approaches

    December 31, 2012 4:54 AM

    LONDON (AP) Oil prices were little changed Monday as a U.S. budget deadline neared with rival politicians still at odd over key issues. Benchmark oil for February delivery was down 8 cents late morning London at $90.72 per barrel in electronic trading on the New York Mercantile Exchange. The contract... more »
  • Crude falls

    December 28, 2012 2:38 PM

    Crude oil futures prices ended lower on the New York Mercantile Exchange. The near-month contract for the benchmark grade fell 7 cents -- closing at $90.80 a barrel. more »
  • Crude falls

    December 27, 2012 2:31 PM

    Crude oil futures prices ended lower on the New York Mercantile Exchange. The near-month contract for the benchmark grade fell 11 cents -- closing at $90.87 a barrel. more »
  • Crude rises

    December 26, 2012 2:41 PM

    NEW YORK (AP) Crude oil futures prices ended higher on the New York Mercantile Exchange. The near-month contract for the benchmark grade rose $2.37 -- closing at $90.98 a barrel. more »
  • Oil rises on housing data, 'fiscal cliff' talks

    December 26, 2012 2:33 PM

    NEW YORK (AP) The price of oil rose sharply Wednesday on higher U.S. home prices and hopes of a budget deal in Washington. U.S. benchmark crude jumped $2.37, or 2.7 percent, to finish at $90.98 per barrel in thin post-Christmas trading in New York. U.S. home prices rose in most... more »
  • Oil rises on housing data, 'fiscal cliff' talks

    December 26, 2012 11:46 AM

    NEW YORK (AP) The price of oil rose sharply on higher U.S. home prices and hopes of a budget deal in Washington. U.S. benchmark crude jumped $2.06, or 2.3 percent, to $90.67 per barrel in thin post-Christmas trading Wednesday afternoon in New York. U.S. home prices rose in most major... more »
  • Oil prices rise as 'fiscal cliff' talks to resume

    December 25, 2012 11:25 PM

    BANGKOK (AP) The price of oil rose Wednesday after President Barack Obama indicated he would cut his Christmas holiday short and head to Washington to try to work out a deal to keep the U.S. from heading over the "fiscal cliff." Benchmark oil for February delivery rose 40 cents at... more »
  • Oil prices lower in quiet holiday trading

    December 24, 2012 2:59 PM

    NEW YORK (AP) Crude oil futures prices ended lower on the New York Mercantile Exchange. The near-month contract for the benchmark grade fell 5 cents -- closing at $88.61 a barrel. more »
  • Crude falls

    December 21, 2012 2:21 PM

    NEW YORK (AP) Crude oil futures prices ended lower on the New York Mercantile Exchange. The near-month contract for the benchmark grade fell $1.47 -- closing at $88.66 a barrel. more »
  • Oil drops as US 'fiscal cliff' approaches

    December 20, 2012 11:41 PM

    BANGKOK (AP) Oil prices fell below $90 per barrel Friday as doubts intensified that political leaders in Washington would be able to reach a deal on the budget before a costly and potentially detrimental package of tax hikes and spending cuts automatically kicks in at year's end. Benchmark crude for... more »
  • Crude rises

    December 20, 2012 2:43 PM

    Crude oil futures prices ended higher on the New York Mercantile Exchange. The near-month contract for the benchmark grade rose 15 cents -- closing at $90.13 a barrel. more »
  • Oil prices drop as US 'fiscal cliff' talks stall

    December 20, 2012 5:26 AM

    LONDON (AP) The price of oil edged lower Thursday as talks between U.S. political leaders on a crucial budget deal hit a new snag. By midday in Europe, benchmark crude for February delivery was down 10 cents to $89.88 per barrel in electronic trading on the New York Mercantile Exchange.... more »
  • Crude rises

    December 18, 2012 2:23 PM

    Crude oil futures prices ended higher on the New York Mercantile Exchange. The near-month contract for the benchmark grade rose 73 cents -- closing at $87.93 a barrel. more »
  • Crude rises

    December 17, 2012 2:41 PM

    NEW YORK (AP) Crude oil futures prices ended higher on the New York Mercantile Exchange. The near-month contract for the benchmark grade rose 47 cents -- closing at $87.20 a barrel. more »
  • Oil rises on new hope of 'fiscal cliff' resolution

    December 17, 2012 11:43 AM

    NEW YORK (AP) The price of oil is rising Monday as political leaders in Washington appear closer to a resolution in critical budget negotiations. President Barack Obama and House Speaker John Boehner met at the White House on Monday in hopes of making more progress toward avoiding the "fiscal cliff,"... more »
  • Oil near $87 amid Japan, China stimulus hopes

    December 17, 2012 2:57 AM

    BANGKOK (AP) The price of oil rose to near $87 a barrel Monday in Asia as leaders in Japan and China, two of the world's biggest economies, raised the prospect of more economic stimulus that could boost demand for crude. Benchmark oil for January delivery was up 18 cents to... more »
  • Oil rises above $86 as China factory data improves

    December 13, 2012 11:43 PM

    BANGKOK (AP) The price of oil rose above $86 a barrel Friday, boosted by a survey that showed the recovery in China's manufacturing is gathering strength. Benchmark crude for January delivery was up 65 cents to $86.54 per barrel at midday Bangkok time in electronic trading on the New York... more »
  • Crude drops

    December 13, 2012 2:57 PM

    NEW YORK (AP) Crude oil futures prices ended lower on the New York Mercantile Exchange. The near-month contract for the benchmark grade fell 88 cents -- closing at $81.86 a barrel. more »
  • Oil ends lower as 'fiscal cliff' concerns grow

    December 13, 2012 2:19 PM

    NEW YORK (AP) The price of oil is ending lower Thursday as doubts increased over political leaders' ability to strike a deal in budget negotiations. Benchmark crude is down 88 cents to $85.89 per barrel in New York. Enthusiasm over the U.S. Federal Reserve's plan to boost the economy, announced... more »
  • Crude rises

    December 12, 2012 2:31 PM

    NEW YORK (AP) Crude oil futures prices ended higher on the New York Mercantile Exchange. The near-month contract for the benchmark grade rose 98 cents -- closing at $86.77 a barrel. more »
  • Crude rises

    December 11, 2012 2:23 PM

    Crude oil futures prices ended higher on the New York Mercantile Exchange. The near-month contract for the benchmark grade rose 23 cents -- closing at $85.79 a barrel. more »
  • Oil prices fall slightly after US jobs report

    December 7, 2012 9:40 AM

    The price of oil bounced between small gains and losses Friday after the latest report on hiring in the U.S. offered a mixed picture of the economy. Benchmark oil fell 10 cents to $86.15 per barrel in afternoon trading in New York. The Labor Department said 146,000 jobs were created... more »
  • Crude falls

    December 6, 2012 2:44 PM

    Crude oil futures prices ended lower on the New York Mercantile Exchange. The near-month contract for the benchmark grade fell $1.62 -- closing at $86.26 a barrel. more »
  • Crude slips

    December 5, 2012 2:34 PM

    NEW YORK (AP) Crude oil futures prices ended lower on the New York Mercantile Exchange. The near-month contract for the benchmark grade fell 62 cents -- closing at $87.88 a barrel. more »
  • Oil down with Cushing inventory nearly flat

    December 5, 2012 11:05 AM

    Oil prices are lower Wednesday after the government reported that stocks of crude are still running much higher than usual for this time of year. Benchmark crude fell 24 cents to $88.26 in midday trading. Oil prices were higher earlier in the day. But the weekly report from the Energy... more »

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