Oil prices fall as supply fears fade
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World oil prices plummeted to a near three-month low on Thursday, capping a two-day, 12-percent plunge as fear of a global energy supply crunch evaporated.
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Oil prices eased on Monday after  rebels in Nigeria withdrew a threat to target oil operations,  but lingering concerns over stretched supplies ahead of winter  kept prices close to $50.
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Oil prices fell more than 3 percent on  Monday as forecasts of a return to mild winter weather in the  United States eased fears that thin heating fuel stockpiles  could prove inadequate.
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Oil prices dipped below $62 on Monday, extending last week's losses, as concern over brimming global fuel inventories offset a likely second OPEC supply cut and news of deepening Saudi export curbs.
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The price of crude oil slips back from a record of more than $80 a barrel, but worries about supply persist.
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Crude oil futures prices fell Tuesday as concerns about reduced output in the North Sea were offset by expectations that an upcoming government report would show rising inventories of heating oil.
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Oil prices fell below &#36;73 a barrel on  Tuesday in thin trade, but nagging fears about supply  disruption and expectations of strong U.S. demand for gasoline  were expected to prevent a deeper sell-off.
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Crude oil prices fell Wednesday amid expectations that U.S. fuel supply data will show that gasoline stocks rose last week.
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Oil prices slid more than a dollar to  7-week lows on Tuesday as growing signs of ample supply ease  concerns over fuel stocks for the northern winter.
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Crude oil prices fell slightly Friday, ending lower this week as worries about low winter fuel inventories dissipated amid rising oil stockpiles.
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Oil prices on both sides of the Atlantic have fall to some of their lowest levels in eight weeks, as shortage fears ease.
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Oil prices slid more than a dollar to  7-week lows on Tuesday as growing signs of ample supply eased  concerns over fuel stocks for the northern winter.
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Oil prices edged lower on Wednesday,  keeping within sight of $50 a barrel on supply worries in the  United States, where weekly data is expected to show a draw in  distillate inventories.
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Oil prices fell $1 on Tuesday as an  expected increase in U.S. heating fuel supplies eased concerns  over an inventory crunch should this winter's weather prove  colder than normal.
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Oil prices edged lower on Thursday,  adding to a near 2 percent sell off the previous day caused by  a smaller-than-expected drop in U.S. heating fuel inventories.
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Oil prices fell below $61 on Friday as easing U.S. supply concerns spurred a bout of profit taking.
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Oil prices slid nearly $2 a barrel to  end at 7-week lows on Tuesday, as growing signs of ample supply  eased concerns over fuel stocks for the northern winter.