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Oil fell on Monday, after topping $126 a barrel last week, as the market focused on a stronger U.S. dollar and put aside supply worries for now. ... U.S. light crude for June delivery fell 54 cents to $125.42 a barrel by 7:30 a.m. BST. It struck a new record high of...
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Oil prices retreat from last week's record high
Oil prices retreated Monday from last week's record close near $126 a barrel as the dollar strengthened against the euro and yen. ... Light, sweet crude for June delivery dropped $1.32 to $124.64 a barrel in electronic trading on the New York Mercantile Exchange by...
Sen. Carl Levin: Skyrocketing Energy Prices
Cross-posted at MichiganLiberal.com. This afternoon, I'm speaking on the Senate floor about high energy prices. Unless something is done to make energy more affordable, the... ... Cross-posted at MichiganLiberal.com. This afternoon, I'm speaking on the Senate floor about...
Senators push Bush to pressure Saudis on oil
WASHINGTON (Reuters) - Senate Democratic leaders on Monday urged President George W. Bush to use his upcoming trip to the Middle East to convince Saudi Arabia to pump more oil and help lower record crude and gasoline prices. ... "We urge you to use this opportunity to...
US Senators push Bush to pressure Saudis on oil
Source: Reuters By Tom Doggett WASHINGTON, May 12 (Reuters) - Senate Democratic leaders on Monday urged President George W. Bush to use his upcoming trip to the Middle East to convince Saudi Arabia to pump more oil ... ... By Tom Doggett WASHINGTON, May 12 (Reuters) -...
Oil falls after record highs
OIL prices fell heavily today as a firmer US dollar encouraged profit taking after Saturday's all-time highs. ... New York's main oil futures contract, light sweet crude for June delivery, slipped $US1.73 to close at $US124.23 a barrel. In London, Brent crude contract...
Oil falls from record high on China demand worries
NEW YORK (Reuters) - Oil fell from a record high over $126 a barrel on Monday as a dip in crude oil imports into No. 2 consumer China stirred concerns high prices were eating into demand. ... China’s April crude oil imports decreased against year-ago levels, the first...
UPDATE 7-Oil falls from record high on China demand worries
(Updates... ... by Matthew Robinson NEW Oil fell from a record high over $126 a barrel on Monday as a dip in crude oil imports into No. 2 consumer China stirred concerns high prices were eating into demand. China's April crude oil imports decreased against year-ago...
Oil takes a break after breaching $126
Oil retreated below $125 a barrel on Monday in volatile trade that saw it briefly hit an all-time high earlier in the session. ... It had risen a full percent against the yen and approached a two-month high against a basket of currencies earlier on Monday. Crude oil...
Oil falls from record high on China demand worries
NEW YORK (Reuters) - Oil fell from a record high over $126 a barrel on Monday as a dip in crude oil imports into No. 2 consumer China stirred concerns high prices were eating into demand. ... China's April crude oil imports decreased against year-ago levels, the first...
Oil falls from record high on China demand worries
by Matthew Robinson NEW YORK (Reuters) - Oil fell from a record high over $126 a barrel on Monday as a dip in crude oil imports into No. 2 consumer China stirred concerns high prices were eating into demand. ... China's April crude oil imports decreased against year-ago...
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