Crude-oil futures declined Wednesday after a weekly U.S. government report showed a higher-than-expected increase for crude inventories, and on diminished prospects for a new round of aid for the U.S. economy.

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Oil rose for the first time in three days, capping the first monthly gain since November, on reports of U.S. economic expansion. Oil advanced as the Federal Reserve said manufacturing grew across the nation in its Beige Book business survey and the

Crude oil fell about 2 percent by Tuesday's close as investors took profits after recent gains, while other commodities, like gold and base metals, were lifted by a stronger euro, Europe's expected injection of low-interest cash, and improved U.S.

Oil prices have fallen almost 3% over the past two days as investors awaken to lackluster demand. Crude-oil prices on Tuesday fell $2.01, or 1.9%, to finish at $106.55 a barrel on the New York Mercantile Exchange. That is 2.9% below Friday's nine-month

Oil futures spent much of Tuesday trading in slightly negative territory but recently took a big dive, and it’s pulling the energy sector down with it. Futures spent much of the day trading over $108, but just slipped below $107 to $106.60 per barrel.

Brent crude oil gained over $1 on Wednesday, snapping two days of sharp falls, on expectations that cheap loans from the European Central Bank will spur buying of riskier assets. Fears about supply disruption from Iran also pushed prices back towards

According to the Ministry of Land and Resources, China saw its new proven oil and gas reserves increase by more than 20% in 2011. Mr Xu Dachun deputy head of Ministry of Land and Resources said that last year, the country discovered 1.37 billion tonnes

Brent crude rose above $122 on Wednesday, snapping two days of losses, in line with gains across broader financial markets on expectations that cheap loans to be offered by the European Central Bank will spur buying of riskier assets. Asian stocks firmed

Oil was lower in Asian trade today on profit-taking amid concerns that rising prices could hamper global economic growth, analysts said. New York’s main contract, light sweet crude for delivery in April, shed 61 cents to $107.95, while Brent North Sea

Oil fell the most in more than five weeks as U.S. orders for durable goods dropped in January by the most in three years, signaling slower economic growth and lower fuel demand. Futures declined 1.9 percent in New York as data from the Commerce

Crude-oil futures slipped Tuesday in Asia as some market participants took profits after last week's strong rally and others reassessed their positions as the end of winter approaches in the Northern Hemisphere. On the New York Mercantile Exchange,

Crude-oil futures closed below $107 a barrel on Tuesday to log a second straight session of losses after data on durable-goods orders and home prices showed declines, dulling the prospects for oil demand. Prices had seen some support on the heels of a

U.S. crude oil futures fell on Monday, ending a seven-day winning streak, as overbought conditions and a warning from G20 officials about the impact of higher oil prices on global growth prompted investors to book profits. In regular floor-trading hours