Oil eases above $70 after gasoline-led rally
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Oil edged down on Friday after a  gasoline-led rally, but supply risks from the closure of a  shipping channel in the United States to a strike by oil  service workers in Norway provided support.
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Oil rebounded above $66 a barrel on   Tuesday, with bargain-hunting traders ending a six-day retreat   after Iran sounded a softer note on its atomic program and OPEC   agreed to keep production steady for now.
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Oil slipped below $75 on Wednesday but remained within sight of an all-time high ahead of U.S. data expected to show a further tightening of crude stocks in the world's top consumer.
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U.S. oil prices rose on Wednesday,  pausing from a losing streak well above $40 a barrel, although  dealers said data on fuel supplies in the United States due  later in the day may trigger a new slide in the market.
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Oil prices were steady on Tuesday after   slumping to an 11-week low the previous session as supply   concerns eased with the end of the U.S. summer driving season.
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Oil prices slipped on Thursday,  holding most of the previous day's gains after car bombs in  Riyadh rekindled fears over Middle East supply security, one  factor behind a rally that pushed the average U.S. crude price  34 percent higher this year.
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Oil prices rallied further on Monday,  clawing back toward $50 a barrel for U.S. crude on heightened  concerns over low supplies of winter heating fuels.
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LONDON  - Oil prices see-sawed, failing to sustain a brief rally on news of a surprise fall in US distillate stockpiles, including heating fuel, and an unexpectedly small increase in crude inventories.
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NEW YORK -- Oil prices rebounded yesterday from early declines to settle above $71 for the first time in 10 months as traders focused on a refinery outage in Kansas and new accusations about Iran's role in Lebanon and Iraq.
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Oil hovered near $89 a barrel on Wednesday, attempting to consolidate a nervous recovery after the U.S. interest rate cut.
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Oil prices eased to $45 a barrel on  Tuesday, extending a profit-taking set-back despite a looming  cold spell in the eastern United States and global supply  outages.
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Oil prices edged higher on Tuesday,   rebounding slightly from a near 3-month low the previous   session as supply concerns eased with the end of the U.S.   summer driving season.
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London crude oil prices rebounded to   around $68 a barrel on Tuesday after slumping to a more than   10-week low the day before, with many dealers moving to the   sidelines to await the next step in Iran's atomic stand-off.
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Oil prices rebounded Friday but remained below $50 a barrel after declining 4 percent over the past week due to rising US supplies of crude and natural gas.
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Oil rebounded on Tuesday after  falling nearly 3 percent a day earlier, as the specter of a  recession in the United States haunted traders who fear it will  diminish oil demand from the world's biggest consumer.
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Oil rose to nearly $94 a barrel on Monday, halting a three-day losing streak, amid a wider commodities rally as the dollar's weakness and tensions involving Iran countered worries of a global economic downturn.
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Oil eased to under $91 on Tuesday on profit-taking after an early rally.