Oil tumbles $2 on Eurozone woes

Oil prices tumbled more than $2 a barrel on Thursday as the European debt crisis threatened to hit France and Spain, while Italy's borrowing costs remained at unsustainable levels. FULL STORY »

U.S. oil leaps above $100 on Seaway reversal plan

U.S. and Brent crude futures headed in opposite directions on Wednesday, jostled by a plan to reverse the Seaway pipeline by next year to help ease an oil glut at the Cushing, Oklahoma, delivery hub. FULL STORY »

Oil hits $100, first time since July

Oil prices have hit $100 per barrel for the first time in nearly four months. FULL STORY »

Oil up on economic data despite EU contagion worry

Oil prices rose Tuesday on supportive data that pointed to continued economic growth in the fourth quarter, sending U.S. crude to a 16-week peak and offsetting concerns that the euro zone debt crisis will keep spreading. FULL STORY »

Brent crude oil rises above $112 but wary of Euro crisis

Brent crude rose above $112 per barrel on Tuesday after solid German and French growth data but worries over the outlook for euro zone deepened as debt yields rose and austerity measures threatened to tip the bloc into recession. FULL STORY »

Oil price drops near $98 per barrel

The price of oil fell to near $98 per barrel Monday as investors continued to worry about Europe's debt problems. FULL STORY »

Oil slips below $98 amid Europe debt concerns

Oil prices slipped below $98 a barrel Monday as markets remained cautious about the ability of new leadership in Greece and Italy to manage the countries' financial crisis. FULL STORY »

Oil price rises to near $98 per barrel

Oil prices jumped more than 2 percent Thursday as investors cheered political shake-ups in Greece and Italy, and layoffs appeared to be easing in the U.S. FULL STORY »

Oil above $96 as traders eye Italy debt woes

Oil prices rose slightly to above $96 a barrel Thursday in Asia as investors mulled the impact of Europe's debt crisis on the continent's economic growth and crude demand. FULL STORY »

Oil price rises as US supplies shrink

Oil prices climbed above $97 per barrel Wednesday on signs that the U.S. is consuming more fuel. FULL STORY »

Oil drops below $96 on EU growth concerns

Oil prices fell below $96 a barrel Wednesday on rising concerns that Italy will become the next victim of the eurozone's sovereign debt crisis and further damage the prospects for economic growth in the region. FULL STORY »

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