Oil prices fell below $69 a barrel on Tuesday as economic concerns sent investors into safer havens, outweighing positive U.S. manufacturing and home sales data.

Oil fell more than a dollar to below $44 on Thursday as a record drop in euro zone economic performance heightened expectations that fuel consumption would shrink further.

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In the energy market Thursday, oil managed to gain a little ground, with crude for December delivery closing at $58.24/barrel, up $2.08 on its last day as the front-month contract.

In the energy market Wednesday, oil roared higher, with crude for December delivery closing at $67.50/barrel, up $4.77. November reformulated gasoline rose 7.75 cents, to $1.533/gallon.

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Crude for July delivery jumped more than $5 per barrel in New York yesterday (Wednesday) to close at $136.38 per barrel on declines in U.S. supplies and refinery activity.

Last week I promised that I’d go over some promising sectors in the green market. But the past two articles on the topic generated some important feedback that I’d like to go over with you today.

In the energy market Wednesday, crude for July delivery retreated again, closing at its lowest level in a month, $122.30/barrel, down $2.01. July reformulated gasoline plummeted 15 cents, or 4.5%, to $3.20/gallon.

Since the devastation of Hurricane Katrina and Hurricane Rita – North Atlantic Hurricane seasons have been mild in comparison. That was three years ago when the oil price was $50… what do you think production disruption will do to $135 oil?