Crude Oil Futures

By OGJ editors HOUSTON, Nov. 12 -- Crude oil futures prices tumbled more than a dollar to settle at less than $48/bbl on the New York Mercantile Exchange Thursday after a week that …

By OGJ editors HOUSTON, Aug. 11 -- Crude oil futures prices eased in trading Tuesday on the New York Mercantile Exchange, despite the approach of Tropical Storm Bonnie, churning …

By OGJ editors HOUSTON, Oct. 29 -- Crude oil futures settled modestly higher Monday after the so-called "war premium" eroded last week, prompting a major sell off because traders …

By OGJ editors HOUSTON, Mar. 15 -- Crude oil futures prices fell in New York and London markets Friday upon reports of an amendment to the US Senate budget bill that calls for a halt …

By OGJ editors HOUSTON, May 9 -- Crude oil futures prices rallied Wednesday after two weekly reports showed a decline in US inventories, driving the crude oil price on the New York …

… Writer HOUSTON, June 29 -- Crude oil futures retreated by more than $2 ..... It was the biggest drop in crude oil futures prices in weeks. Noting uncertainty ..... and the sudden decline in crude oil futures prices. In London, the August …

In one of the strongest showings this year, the front-month contract for benchmark US crude jumped more than 4% Oct. 24 in the New York market, moving into backwardation with subsequent monthly contracts priced sequentially lower and the current December contract $1/bbl higher than that for ...

The front-month crude price dropped 3.7% Aug. 31 in the New York market on “fears that Hurricane Earl would put a damper on East Coast Labor Day plans and gasoline demand,” said analysts in the Houston office of Raymond James & Associates Inc.