Phil Flynn

Oil drops on weak GDP report

Oil prices slumped Thursday as the world's largest economy said the economy slowed in the third quarter in what figures to be the clearest sign yet that the U.S. is now in a recession. Light, sweet crude for December delivery...

Oil falls to $65 as U.S. economy shrinks

By Chris Baldwin NEW YORK (Reuters) - Oil fell nearly $3 to below $65 a barrel on Thursday as weak U.S. economic data rekindled worries about declining energy demand. The U.S. economy shrank at an 0.3 percent annual rate in the...

Crude below $66

Crude falls after the Commerce Department released figures showing GDP declined .3%, strongest signal yet of a recession. Oil prices fell below $66 a barrel Thursday after data showed the U.S. economy shrinking in the last...

Oil falls below $66 on U.S. recession fears

Latest GDP report shows economy contracted in third quarter LONDON - Oil prices fell below $66 a barrel Thursday after data showed the U.S. economy shrinking in the last quarter. Light, sweet crude for December delivery fell...

Oil drops on weak GDP report

COLUMBUS, Ohio — Oil prices slumped Thursday as the world's largest economy said the economy slowed in the third quarter in what figures to be the clearest sign yet that the U.S. is now in a recession.

UPDATE 7-Oil falls to $65 as U.S. economy shrinks

NEW YORK, Oct 30 (Reuters) - Oil fell nearly $3 to below $65 a barrel on Thursday as weak U.S. economic data rekindled worries about declining energy demand. The U.S. economy shrank at an 0.3 percent annual rate in the third...

Oil drops on weak GDP report (AP)

By MARK WILLIAMS, AP Energy Writer Mark Williams, Ap Energy Writer – 1 min ago COLUMBUS, Ohio – Oil prices slumped Thursday as the world's largest economy said the economy slowed in the third quarter in what figures to be the...

Oil falls below US$66 a barrel on U.S. recession fears

LONDON - Oil prices fell below US$66 a barrel Thursday after data showed the U.S. economy shrinking in the last quarter. Light, sweet crude for December delivery fell $1.83 to US$65.67 a barrel in ...

Oil falls below $66 on recession fears

LOUISE WATT The Associated Press LONDON — Oil prices fell below $66 (U.S.) a barrel Thursday after data showed the U.S. economy shrinking in the last quarter. Light, sweet crude for December delivery fell $1.83 to $65.67 a...

Oil falls below $66 on recession fears

Oil prices fell below $66 a barrel Thursday after data showed the U.S. economy shrinking in the last quarter. Light, sweet crude for December delivery fell $1.83 to $65.67 a barrel in electronic trading on the New York...