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OiL FUTURES: Crude Oil Rises on Speculation Stimulus Package May Increase
Crude oil rose for the first day in four in New York after President George W. Bush said a package of about $150 billion is needed ``as soon as possible'' to keep the economy growing. The Reuters/Univ... — -
OiL PRICES: $101.32 barrel
Crude oil rose to a record $101.32 barrel in New York as investors look to commodities as a hedge against inflation. Oil climbed 4.7 percent yesterday on speculation OPEC will cut output at a meeting ... — -
OiL PRICES: Crude Oil Falls on Forecasts U.S. Crude Inventories Increase
Crude oil fell after touching a record yesterday amid forecasts that a U.S. government report due today will show inventories increased in the world's largest energy user. The Energy Department is sch... — -
OiL PRICES: It is hit $102 as dollar sinks against Euro
Oil prices broke through a new intraday high of $102 a barrel today as a slide in the U.S. dollar prompted investors to pump more money into energy futures as a hedge against inflation. The dollar san... —
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