Oil regained ground in early trading Friday, the expiration day for the July futures contract, amid reports Israel is conducting test runs for a potential attack on Iran and reflection about the consequences of China's decision to relax fuel subsidies.
Oil falls on report that China will lift subsidies
Oil prices fell nearly $3 Thursday amid reports that the Chinese government is lifting subsidies on gasoline and diesel in a move that could curb...
Oil price up as Asian stocks rise
Oil prices bounce back from a three-and-a-half year low, tracking Asian stocks higher, but are still below $50 a barrel.
Oil dips below $50
The plunge in oil prices continued Thursday with prices falling below $50 a barrel as growing concern about the economy weighed on demand.
Oil price hovers at $50 a barrel
Oil prices are hovering around $50 a barrel amid growing fears over a global recession and lower demand for oil.
Oil prices at near 22-month low
Oil prices fell to a nearly 22-month low Wednesday after a government report showed a bigger-than-expected rise in crude inventories, reinforcing...
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