Oil Holds Strong After 7-Week High
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Oil prices on Tuesday held 17 percent  gains made over the past three weeks after soaring to a  seven-week high above $49 a barrel on frigid temperatures in  the U.S. Northeast.
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Oil stood above $60 on Tuesday after forecasts of a cold spell in the U.S. Northeast buoyed heating oil, and as a weaker dollar and a Saudi warning of possible new output curbs bolstered the market.
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Oil held steady on Friday, hovering at  about $99 a barrel, after falling the day before as traders  took profits from a record rally that saw crude prices spike to  over $100 a barrel.
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Oil held above $61 on Tuesday after   rebounding from a six-month low as speculators fear a deepening   fall could prompt OPEC to rein in output.
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Oil hovered near $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&#39;s top consumer.
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Oil prices held strong on Friday not far below the $55-a-barrel mark as traders worried time is running out to top up low heating oil inventories before winter.
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Oil futures stabilized Thursday after a jump in prices the previous day that reflected a drop in US crude and heating oil stocks even as demand was rising with cold weather spreading across the US Northeast and Midwest.
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Oil prices surged above $55-a-barrel on Friday as concerns about the global supply of winter fuels persist ahead of the Northern Hemisphere winter.
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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 held near a seven-session high above   $63 a barrel on Thursday, supported by investment fund buying   and speculation that OPEC could trim output to bolster prices.
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Oil held steady near &#36;70 a barrel on  Friday as investors grew more optimistic about economic growth  and energy demand in the U.S., the world&#039;s top oil consumer.
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Oil prices held steady on Friday near  7-week lows on forecasts for colder-than-normal weather in the  U.S. Northeast.
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Oil rose to $71 a barrel on Friday, near  a nine-month high, as a strike in Nigeria threatened more of  the country&#39;s output and Iran remained defiant over its nuclear  program.
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Oil prices held steady near $47 a barrel  on Wednesday a day after setting yet another record when the  United States, the world's biggest oil consumer, said inflation  had stayed in check despite rising energy costs.
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Oil extended gains above $71 on Friday,   buoyed by healthy U.S. economic growth that suggest recent   record-high prices may not hit robust demand for oil.
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Oil prices held strong on Friday not far  below the $55-a-barrel mark as traders worried time is running  out to top up low heating oil inventories before winter.
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Oil prices held strong Friday after a  $2, five percent surge higher as OPEC ministers weighed the  timing of a possible further output cut for the spring.