Oil prices rise above US$42 as winter tipped to turn colder
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SINGAPORE: Crude oil prices rose above 42 dollars a barrel in Asian trade on northern winter concerns as OPEC indicated its longer-term price target was around 30 dollars a barrel, dealers said.
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Oil prices climbed to a seven-week  high above $49 a barrel on Tuesday as a cold front swept into  the U.S. Northeast, stoking winter fuel demand.
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Oil rose on Thursday as forecasts for  colder weather in the giant U.S. Northeast heating oil market  overcame worries over the economic health of the world's top  consumer.
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Oil prices climbed above &#36;42 a barrel on Wednesday, rising for the third day in a row as the heavy consuming U.S. Northeast feels the first chills of winter.
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Crude prices vaulted Monday, moving further away from the psychological US$40 per barrel mark on renewed cold winter fears as an Arctic front moved into the central United States.
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Crude oil futures edged up toward $50 a barrel today amid renewed fears over winter supplies. Light sweet crude for delivery in January traded at $49.49 a barrel at midday in Europe, up 60 cents from the contract&#39;s
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Oil prices jumped nearly 2 percent on Tuesday as colder weather in the United States, the world&#39;s largest heating oil market, brought temperatures more in line with seasonal norms.
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Oil prices edged higher yesterday, lifted by chilly weather across the Midwest and Northeast that is boosting the demand for heating fuel.
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Oil surged $1, toward $60, on Tuesday on expectations the coldest weather of the U.S. winter would cut heating oil stocks in the world's top energy consumer.
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Crude oil futures stayed above US$55 a barrel Wednesday, over fears of a heating oil shortage before an expected cold Northern Hemisphere winter.
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Oil prices rose $2 on Friday on renewed  concern over tight supplies of distillate fuels in all main  consuming centers ahead of the northern hemisphere winter.
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Oil prices extended gains above $41 a  barrel on Tuesday on forecasts of colder temperatures in the  U.S. Northeast, a supply cut by top OPEC producer Saudi Arabia  and disruptions to Iraqi crude exports.
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WASHINGTON - Oil prices cruised above $55-a-barrel yesterday as concerns about the global supply of winter fuels persist ahead of the Northern Hemisphere winter.
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Oil prices rose on Friday as worries a  cold spell in the United States could erode already depleted  winter fuel inventories spurred the market higher.
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LONDON : World oil prices bolted up to new record summits beyond 52 dollars on markets nervous about tight global supplies with winter looming in the northern hemisphere.
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Crude oil futures moved upward Wednesday, as the northeastern United States _ a heavy consumer of heating oil _ felt the first signs of what could likely be a colder-than-expected winter.
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Oil prices held firm above $41 a barrel  on Tuesday as colder weather in the U.S. brought temperatures  more into line with seasonal norms, spurring heating oil  buying.