Falling crude demand in the world's largest consuming nation drove oil prices Monday to a new low for the year as the U.S. enters a corporate earnings season expected to be fraught with bad news, according to AP.
The strained economy outweighed (...)
Oil prices stabilized Friday as the White House's $17.4 billion auto industry rescue package gave Wall Street a boost and the dollar strengthened against the euro.
Light, sweet crude for February delivery rose 69 cents to settle at $42.36 a barrel (...)
