Oil turns higher and climbs back above $86
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Oil turned higher again on Tuesday after retreating from record highs in response to concerns about the U.S. economy and further indications OPEC has already substantially raised oil output.
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Oil prices edged higher for the second day on Wednesday, recovering from a week-long &#36;5 slump ahead of U.S. inventory data expected to show a slight draw in distillates, which include winter heating fuel.
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Oil climbed toward &#36;74 on Friday on a  positive outlook for economic growth and fuel demand in top  consumer the United States.
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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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World oil prices rose on Friday,  building on gains of almost $2 in the previous session when the  U.S. government said crude stocks sank for the sixth straight  week last week and distillate fuels barely grew ahead of  winter.
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U.S. crude oil climbed above $60 a barrel  for the first time in a month on Friday, extending a gain of $2  a day earlier, amid signs of falling crude exports from  producer group OPEC.
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Oil rose to an all-time high of $80.20 on Thursday after Hurricane Humberto forced the closure of some U.S. Gulf refiners and stoked concerns of fuel shortages this winter.
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Oil prices jumped more than a dollar,  climbing above $48 a barrel Wednesday after U.S. data showed  the disruption caused by Hurricane Ivan had eaten into fuel  stocks.
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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 rose above $87 a barrel on Thursday after two days of losses, as production shutdowns in Nigeria and the North Sea outweighed growing evidence of weaker demand in the world's top oil consumer, the United States.
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Oil rose above &#36;71 a barrel on Thursday,  paring an earlier loss, after a smaller-than-expected rise in  gasoline inventories in the United States, the world&#039;s largest  oil consumer.
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World oil prices rose Thursday, one day after hitting a record high 89 dollars, as traders absorbed geopolitical tensions in the crude-rich Middle East and rising US energy reserves.
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Oil prices reach a fresh high above $98 a barrel but fall back on higher-than-expected US crude supply figures.
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Oil surged beyond $90 to a new peak on Friday as tight fuel stocks ahead of winter and a softening dollar spurred investor buying.
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-- Crude oil prices spiked above $92 a barrel Friday on tensions in the Middle East and renewed concerns about supply.
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London - Oil prices climbed on Thursday, reversing some of the losses seen late the previous day as disruption to production in the Gulf of Mexico continued due to Hurricane Ivan.
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Oil climbed above $61 to its highest this year on Friday after top fuel consumer the United States reported an unexpected drop in gasoline stocks and Iran said it would show 'no weakness' over its nuclear program.