09/23/08 After crude oil prices posted the largest ever one day rally yesterday, profit takers led to a large sell off in crude contracts this trading session.
09/02/08 As Hurricane Gustav weakens without damaging oil production or supplies, downward oil prices helped the US dollar post heavy gains in trading against the euro this 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.
08/19/08 The US Labor Department released July's wholesale inflation report which revealed wholesale inflation to be rising at its fastest rate in over 27 years.
07/29/08 The recent downward spiral crude oil prices have encountered futrther accelerated as front month rude prices continued to fall this session, even trading below $121 at one point.
10/01/08 An increase in both gas and oil supplies last week according to the EIA's inventory data report allowed crude oil prices to continue to its slide during the NYMEX floor trading session.
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.
08/04/08 News that tropical storm Edouard will most likely not affect oil production and a decline in US consumer spending sent front month crude oil prices spiraling downward once again this session.
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