09/10/08 As the EIA inventory report showed nothing but drops in supplies, a strong dollar and global market weakness continued to weigh in on the markets making oil prices slip even closer to the...
09/11/08 Continued anticipation of a slowed global economy and a stronger dollar has made the price of oil inch just within cents of touching $100 per barrel this past trading session.
09/22/08 Crude oil pricess, amid a slumping US dollar, has gone on the record it's highest ever one day price jump by touching a high as $130 per barrel this past trading session.
09/15/08 The demise of Lehman Brothers Holdings Inc. and the sale of Merill Lynch has further added to concerns over a weak US economy and has allowed oil prices to settle below $100 a barrel for...
09/16/08 Oil prices continue to take a hit this week as this session saw crude oil prices trade below $92 per barrel during the NYMEX floor trade session.
09/22/08 The US dollar has continued to plunge this trading session as both oil prices surge and worries increase stemming from the announcement of a $700 billion US Government bailout plan
10/10/08 The continued global financial crisis has continued to hurt fuel demand which in turn has led to yet another massive sell-off in crude oil contracts this session.