Oil fell to the lowest level in more than four months after European elections stoked speculation that austerity efforts will be derailed and weaker-than-expected jobs data underscored concern the US economy may falter. Futures pared losses after

Crude oil futures prices today fell 1.47% to Rs 5,233 per barrel, as speculators trimmed positions amid a weakening trend overseas. At the Multi Commodity Exchange, crude oil for delivery in June lost Rs 77, or 1.47%, to Rs 5,233 per barrel in a turnover

Oil prices extended losses in Asian trade today, as French and Greek election results stoked investor concerns over the euro zone debt crisis, while disappointing US economic data also weighed. New York's main contract, West Texas Intermediate crude for

U.S. crude oil prices fell below $100 a barrel Friday for the first time since early February--and promptly tumbled past the $99 and $98 marks after a weak reading on U.S. employment. Light, sweet crude for June delivery recovered a bit by the end of the

Oil dropped below $100 per barrel for the first time since February following a disappointing U.S. jobs report and warnings of a weakening world economy. Benchmark West Texas Intermediate crude fell as low as $99.90 Friday morning before edging back to

Brent crude steadied above $118 a barrel on Thursday, reflecting caution among investors ahead of a key U.S. employment report after dismal data from the United States and Europe renewed doubts about the state of the global economy. Oil slid the most in

Oil traded near a two-week low in New York and is poised for a weekly decline as worse-than-forecast U.S. economic data and Europe’s outlook stoked speculation that demand for fuel may drop. Futures were little changed after dropping 2.6 percent

Oil traded little changed after sliding the most in two weeks as worse-than-expected employment data highlighted weakness in the global economy and U.S. crude stockpiles increased to the highest level in 21 years. Futures swung between gains and losses

Oil traded near the highest close in five weeks after U.S. manufacturing increased at the fastest pace in 10 months, signaling that economic growth will accelerate in the world’s biggest crude consumer. Futures were little changed in New York after

The Standard & Poor’s GSCI gauge of 24 commodities advanced 0.4 percent to 687.61. The UBS Bloomberg CMCI index of 26 raw materials rose for the sixth straight day, gaining 0.2 percent to 1,589.042. CRUDE OIL Oil climbed to a five-week high after U.S.

U.S. crude oil inventories rose last week as imports increased, and refined product stockpiles fell sharply, data from the American Petroleum Institute (API) showed on Tuesday. Stockpiles of crude in the world's top consumer rose by 2 million barrels in

Oil climbed to a five-week high after U.S. manufacturing increased at the fastest pace in 10 months, signaling that economic growth will accelerate in the world’s biggest crude-consuming country. Futures gained 1.2 percent as the Institute for Supply

Oil traded near the lowest close in two days in New York before a government report that may show crude inventories rose to a 21-year high in the U.S., the world’s biggest consumer of the commodity. Front-month futures were little changed after dropping