Posts Tagged Commodity markets

Oil rises for first time in 2 weeks, near $103

The price of oil bounced back late Thursday and rose for the first time in two weeks.

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Oil on 2-week slide even with Mideast turmoil

In this July 1, 2014 file photo, Lance Thompson pumps gas into his truck at a Love's station in St. Joseph, Mo. The price of oil fell for the ninth straight day Wednesday, July 9, 2014, despite continued turmoil in the Middle East, a drop that could lead to lower gasoline prices for U.S. drivers in the weeks ahead.  (AP Photo/St. Joseph News-Press, Sait Serkan Gurbuz, File)

NEW YORK (AP) — The price of oil fell for the ninth straight day Wednesday as global supplies continue to flow despite unrest in the world’s most important oil-producing region.

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