Oil Market Shrugs Off Dip in U.S. Supply
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Oil prices traded below $42 a barrel Wednesday following a U.S. government report that commercially available supplies of crude oil and distillates, which include heating oil, shrank last week.
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High-flying oil held steady on Thursday, with worries over the security of Nigerian supply supporting prices despite a surprise build in US crude inventories.
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Oil prices held steady on Tuesday after falling 2 percent a day earlier and were set for further falls in anticipation of higher U.S. crude stocks despite concerns over disruptions to Iraqi oil flow.
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Oil prices eased but held over $76 on Monday, as expectations OPEC will maintain supply curbs on Tuesday countered weak U.S. jobs data that raised concerns of a recession in the world's top consumer.
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Oil prices held firm on Tuesday on concerns about another cold snap in the United States and possible supply disruption in the Middle East and Russia.
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Oil prices held firm on Monday, clinging  to gains made in the last week as the key heating oil consuming  region of the U.S. Northeast braced for a cold snap that could  test low winter fuel supplies.
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Oil prices steadied on Friday, stemming heavy losses this week, with a bout of cold weather in the United States expected to keep up demand for heating fuels over the weekend.
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A boost in US crude supplies and the end of American election uncertainties brought some calm to oil markets Thursday, with crude futures falling but still holding above the $50 mark.
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Oil prices held firm on Friday,  shrugging off a U.S. government move to lend out some strategic  crude stocks as traders said the amounts were small and that  supply worries remained.
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Oil prices held firm just above &#36;47 a barrel on Friday, bolstered by a tightening outlook for market fundamentals and sliding U.S. temperatures.
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Oil prices steadied above $45 a barrel on Thursday, attempting to put a floor under a 7.4 percent tumble after a big increase in US heating oil stocks eased worries of a winter supply squeeze.
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Oil steadied on Friday at around $59 a barrel in trade muted by the long U.S. Thanksgiving holiday weekend, after tumbling on a rise in stockpiles in top oil consumer the United States.
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Oil prices held steady on Wednesday  as traders awaited key inventory data in the United States, the  world's biggest energy consumer, and a fresh outlook on the  U.S. economy from the Federal Reserve.
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Oil prices held firm on Friday after  leaping almost $2 a day earlier as the U.S. government said  crude stocks sank for the sixth straight week and distillate  fuels barely grew ahead of winter.
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Oil steadied above $62 on Friday,   supported by signals that some OPEC producers may trim output   to stem a price decline caused by ample U.S. inventories.
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World oil prices stood firm on Thursday,  holding onto near-$2 per barrel gains made the previous session  when U.S. inventory data showed commercial crude stocks falling  to their lowest in five months.
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Oil prices held strong on Friday not far below the &#36;55-a-barrel mark as traders worried time is running out to top up low heating oil inventories before winter.