NEW YORK (AFP) — Oil prices tumbled Wednesday as supply concerns eased after a bigger-than-expected increase in gasoline reserves was reported in the United

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.

By Richard Valdmanis NEW YORK (Reuters) - Oil prices fell $5 a barrel to a six-week low on Tuesday as dealers anticipated a tropical storm moving over the

Oil rose Monday as tropical storm Dolly rumbled into the Gulf of Mexico, stoking fears of disruptions to US offshore oil and gas production.

(RTTNews) - Crude oil turned lower again on Friday and gave back most of its gains from the previous session. Light sweet crude for September delivery moved

PRICES DOWN: A drop in energy prices would benefit a wide spectrum of companies, including airlines. Oil Ministry officials say they will review the

Crude oil prices continue to fall as concerns eased that Hurricane Dolly would hit oil and gas installations in the Gulf of Mexico.

Yesterday’s 135-point rally in the Dow owes a debt of thanks to Hurricane Dolly, which has tacked north of oil rigs in the Gulf, reducing the threat to US

Reports that Hurricane Dolly will miss oil installations in the Gulf of Mexico cause futures to fall. A stronger dollar and slowing demand in the US also

Oil prices have fallen below $129 a barrel on forecasts that a tropical storm in the Gulf of Mexico will miss oil and gas installations.

Oil prices have risen again because of a stalemate in talks intended to resolve the standoff with the West over Iran’s nuclear programme.