SINGAPORE (AP) — Oil prices steadied in Asian trading Thursday after shedding nearly $4 a barrel in the previous session on concerns that high fuel prices

Oil prices eased in Asian trade today as it looked like Hurricane Dolly would spare vital energy production facilities in the Gulf of Mexico.

Oil prices have fallen to a six-week low as US energy demand fell and a hurricane in the Gulf of Mexico appeared to be missing oil facilities.

NEW YORK, July 23 (UPI) -- The price of crude oil fell more than $4 to $124.20 a barrel Wednesday on the New York Mercantile Exchange.

A techinician works on one of the Strategic Petroleun Reserve's wellheads in the Gulf Coast. By Joseph Romm | July 23, 2008 CAPAF's Joseph Romm testifies

Oil prices have fallen again as a hurricane threatening interests in the gulf of Mexico changed course. US light sweet crude dipped to $125.63 a barrel,

(RTTNews) - US stocks were poised for a higher open Wednesday morning in New York as the price of oil dropped below $126 and traders geared up for another

Saudi Oil Minister Ali al-Naimi said the kingdom is willing to produce more than the 9.7 million barrels of oil a day it had already planned to produce in

Crude futures in New York fell today for the sixth time in seven sessions, losing $3.51 to $124.44 a barrel, the lowest closing price since June 4.

By GILLIAN WONG AP Writer AP The sun peers over an American flag at a Mobil Station in Andover, Mass., Wednesday, July 16, 2008.

SINGAPORE (Reuters) - Oil prices held near a six-week low on Wednesday, as worries increased over dwindling US demand at the same time as fears eased

By Richard Valdmanis NEW YORK (Reuters) - Oil prices fell $4 to a six-week low on Wednesday after a US government report reinforced concerns high prices and

By: AP The 2.9 million barrel jump in gasoline stockpiles was much higher than the half-million increase analysts had expected.

by MT Bureau - July 23, 2008 - 0 comments New York -- The price of crude oil was off by more than $2 to $126.37 a barrel Wednesday on the New York

By ADAM SCHRECK NEW YORK (AP) -- Oil prices extended their slide Wednesday after the government reported gasoline supplies rose more than expected and crude

Oil rose back above USD 130 a barrel on Monday after the inconclusive talks at the weekend between Iran and world powers. File photo Oil rose back above USD