Oil Steadies Near One-Month Lows
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U.S. oil prices steadied near  one-month lows on Tuesday, holding most of their 9 percent  losses since the end of January, on rising stockpile levels and  mild winter weather in the world's biggest consumer.
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U.S. blue-chip stocks declined to the  lowest level in more than a month on Thursday as crude oil  prices touched $49 a barrel and renewed concerns that high fuel  costs will erode corporate profits.
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Oil futures dipped below $46 a barrel yesterday as traders assessed what appeared to be a short-lived cold snap in the United States, where cold weather and tight heating oil supplies helped drive prices higher last week.
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LONDON/SYDNEY  - Oil fell more than $1 to a one-month low below $89 a barrel on Monday, weighed down by concerns that a recession in top consumer the United States could drag down other economies and hurt oil demand.
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Oil futures prices sank to their lowest level in nearly a month Monday on a continuation of the selloff sparked last week by rising US supplies of crude and easing fears about the refining industry&#39;s ability to satisfy heating oil demand.
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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 fell to their lowest in five   months before steadying on Thursday, pausing from a three-day   decline as dealers zeroed in on healthy U.S. inventories   heading into the mild autumn demand season.
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Oil prices fall to a six-month low below $61 a barrel as the reduced tension over Iran calms markets.
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Oil prices steadied on Tuesday after  steep losses as concern faded over potential supply shortfalls  ahead of winter and Nigerian unions called off a strike that  could have disrupted exports.
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Oil prices sank to a four-month low  below $41 for U.S. crude on Wednesday after leading OPEC  producer Saudi Arabia questioned the need for the cartel to  curb supplies.
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Oil prices held firm around $51 a  barrel on Wednesday, hovering near record highs amid the  sluggish recovery in U.S. Gulf oil production and an  anticipated decline in key winter fuel stocks, dealers said.
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Oil prices slipped to their lowest level   in five months before rebounding on Thursday as dealers took   pause from a three-day decline ahead of U.S. data expected to   show healthy crude stocks and rising distillate inventories.
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Oil prices fell back below $68 a barrel   on Wednesday to near this week's three and a half month low   after the end of the U.S. driving season helped to remove any   lingering concerns of supply shortage.
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Oil eased on Thursday after a surge to one-month highs in the previous session following Turkey's raid on Kurdish guerrilla targets in northern Iraq.
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U.S. oil prices hit their lowest in  more than a month on Monday on continued profit-taking as  producer group OPEC sought to increase its tight spare capacity  and the U.S. summer driving season approached its end.
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Oil prices firmed after touching a four-month low on Wednesday, as a government report showing that US supplies of heating oil rose only slightly last week kept dealers on edge ahead of Friday&#39;s OPEC meeting.
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Oil prices held firm around $55 a barrel  on Wednesday as traders braced for the start of the northern  winter with thin heating oil supplies.