OPEC

Oil prices fell back on Wednesday from a record of $100.10 a barrel on speculation U.S. crude stockpiles will rise.

Oil retreated on Wednesday, a day after hitting a record high above $100 a barrel, as investors focused on a U.S. inventory report expected to show crude stockpiles rose for a sixth week.

Crude oil prices rose on Tuesday above $100 a barrel to set a new record before falling slightly on speculation that the Organization of Petroleum Exporting Countries may diminish oil output next month and after an explosion shut off operations in a U.S. refinery.

Oil prices surged more than 4 percent on Tuesday to hit a record over $100 a barrel on expectations OPEC will keep production levels steady when it meets next month. News Nigerian oil delta rebel leader Henry Okah had died raised worries about supplies from the OPEC country, but a spokesman for the government later said he was alive and in custody.

Crude rose on Monday for a fourth day as Venezuela's dispute with Exxon Mobil Corp. and comments from an Iranian OPEC official increased concern of a shortage of oil supplies in the United States.

Crude oil fell on Thursday as traders worried that an economic slowdown could weaken oil and gasoline demand in the U.S.

Crude oil rose on Tuesday amid speculation the U.S. Federal Reserve meeting will result in a reduction of interest rates to fuel economic growth.

Crude oil prices declined today on falling stock markets in Europe and Asia, and a report about new home sales in the U.S.

Crude Oil dropped on Monday below $89 a barrel as stock markets in Asia and Europe fell on concerns over a global economy slowdown.

Crude oil declined to below $90 a barrel on Thursday as traders remained concerned that the U.S. economy will fall into recession, affecting oil demand in the largest energy consuming nation.

Oil prices fell more than $2 a barrel below $92 on Tuesday after the U.S. government reported a decline in retail sales and Saudi Arabia's oil minister said the Organization of Petroleum Exporting Countries could increase output.

Crude oil rose over $1 on Monday after the dollar dropped against the euro, and strained relations between the U.S. and Iran raised worries about crude supply.

Oil halted a three-day slide to rise above $96 a barrel on Tuesday on expectations of a continuing drop in crude stocks in top consumer the United States and signs OPEC will not raise output.

Crude oil futures rose to a new record of $100 a barrel on Thursday after an Energy Department report showed that crude inventories fell by 4 million barrels last week, ahead of the 1.7 million barrel decline analysts had expected.

Oil prices broke above $100 a barrel for the first time on Thursday after a U.S. government report showed a steep slide in crude inventories in the world's biggest energy consumer.

Oil rose to a one-month high above $96 a barrel on Wednesday ahead of a U.S. government report expected to show crude inventories in the world's top consumer fell for a sixth straight week.

Nations are making deals with top exporters to to get enough oil and develop new projects to boost economic growth.

Oil prices rallied on Wednesday as a slump in U.S. crude oil stockpiles to their lowest level in nearly three years rekindled worries of a winter supply crunch.

Crude oil fell on Monday as the dollar gained strength and as news arose that OPEC may boost oil output at the cartel’s next meeting in February.

Oil hovered above $88 a barrel on Monday, ahead of an expected cut in interest rates this week by the U.S. Federal Reserve to revive economic growth in top oil consumer the United States.

China's bid to end fuel shortages only a temporary cap on the problem