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Oil Prices

Oil Prices

Oil Pumps, Oil Field
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Oil Price Falls Below $98 as Dollar Strengthens

The price of oil fell below $98 a barrel Thursday amid reduced trading volumes and the impact of a strengthening dollar.

By early afternoon in Europe, benchmark oil for February delivery was down 72 cents to $97

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A general view of the oil refinery in Grandpuits
Julien M. Hekimian/Getty Images

Oil Falls Below $93 a Barrel After US Data

The price of oil fell below $93 a barrel Tuesday as traders scaled back their optimism about the U.S. economy following a report that showed a drop in factory activity.

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Gasoline pumps are seen a Shell filling station
(Photo by Tim Boyle/Getty Images)

Oil Rises on Hopes of Avoiding ‘Fiscal Cliff’

The price of oil is up by more than $2 a barrel on optimism that a deal to avert a so-called fiscal cliff will be reached before year's end.

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A general view of the oil refinery in Grandpuits
Julien M. Hekimian/Getty Images

Oil Prices Rise on Jitters About Supplies

The price of oil is rising on concerns about supplies from the Middle East and the North Sea.

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A general view of the oil refinery in Grandpuits
Julien M. Hekimian/Getty Images

Oil Prices Rise After 3 Days of Declines

The price of oil is rising after three straight days of declines as weekly unemployment claims in the United States fell to their lowest level in two months.

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A motorist fills up gas
(Photo by Cameron Spencer/Getty Images)

Gas Prices Rise at the Pump

Gas prices have risen five cents in the past week. According to AAA, the average price of $3.87 per gallon is up 16 cents from a month ago and 24 cents from a year ago.

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A general view of the oil refinery in Grandpuits
Julien M. Hekimian/Getty Images

Oil Breaks $100 After Fed Vows Action on Economy

Oil is rising for a second day on the back of the Federal Reserve's aggressive plan to boost the U.S. economy. At one point oil topped $100 per barrel for the first time since May.

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Category: US/World Tags: , ,
A general view of the oil refinery in Grandpuits
Julien M. Hekimian/Getty Images

Oil Prices Fall on Sour Economic News from China

The price of oil is falling on an unexpectedly weak economic report from China and warnings of a further slowdown. Benchmark crude is down 53 cents to $95.87 Monday morning.

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