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Oil Rises Above $116, Goldman Sticks to View
Oil prices rose on Wednesday ahead of U.S. oil data, which was likely to show a drop in gasoline inventories, and as Wall Street heavyweight Goldman Sachs reiterated its view of strong fundamentals.
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Oil Falls Below $113 After Storm Moves On
Oil prices fell below $113 on Tuesday after a tropical storm in the Gulf of Mexico avoided oil and gas installations. 5
US consumer sentiment improves as oil falls
US consumer sentiment improved this month to its highest level since April, a survey showed yesterday, as Americans were more optimistic about the future, including short-term inflation, even as they were gloomier about current conditions. 5
Oil sinks as global economy slows
Oil prices sank Friday as the dollar continued to climb and investors feared that weak economic growth would translate into lower crude demand worldwide. 5
Commodities: Though Hit Hard Recently, Bulls May Yet Return
Commodities were hit hard in July, and the sell-off has continued into August. Led by the energy complex, commodities reached extremely overbought conditions a month ago, and were due for an intermediate-term correction. Key commodities are near 6
Oil Falls on Speculation US Consumption Decline Will Spread
Crude oil fell on speculation that fuel-consumption declines in the U.S. will spread to other countries as their economies slow. 5
Global Confidence Climbs From 10-Month Low as Crude Oil Slid
Confidence in the global economy rose from a 10-month low in August as the retreat in oil prices made Americans less pessimistic, a survey of Bloomberg users on five continents showed. 8
Oil Trades Near 14-Week Closing Low on Bets Dollar Will Rise
Crude oil traded near a 14-week closing low on speculation that the dollar will strengthen against the euro, weakening the appeal of commodities as an inflation hedge. 
