Oil recovers after three-day fall on economy worry
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Oil rebounded on Tuesday after  falling nearly 3 percent a day earlier, as the specter of a  recession in the United States haunted traders who fear it will  diminish oil demand from the world's biggest consumer.
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Oil prices rebounded Friday but remained below $50 a barrel after declining 4 percent over the past week due to rising US supplies of crude and natural gas.
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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 inched up from a three-month low on Monday as traders caught their breath after last week&#39;s 14 percent dive and considered a possible output reduction at OPEC&#39;s upcoming meeting.
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A sharp drop in oil prices gave Wall Street a small relief rally Monday, with stocks regaining ground after falling earlier in the session.
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Oil prices climbed for the third  straight day on Wednesday as U.S. government reported a fall in  heating oil stocks and cold weather gripped the U.S. Northeast,  the world's biggest heating fuel market.
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Oil halted a three-day slide to rise above $97 a barrel on Tuesday, lifted by a threat of violence in Nigeria's oil region and expectations of a further drop in crude stocks in top consumer the United States.
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Oil prices bounced back on Friday,  ending this week's 8 percent slide on renewed winter supply  fears and jitters ahead of next week's U.S. presidential  election.
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Oil prices rebounded Friday but remained below $50 US a barrel after declining four per cent over the past week due to rising US supplies of crude and natural gas.
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Oil prices rebounded from seven-week  lows on Wednesday as U.S. heating oil stocks fell for an eighth  straight week ahead of winter.
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Stocks rose on Wednesday, helped by gains in energy shares as oil prices traded near $73 a barrel and financial shares rebounded a day after falling on worries about the subprime mortgage industry.
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Oil rebounded slightly on Tuesday after an overnight fall of nearly 3 percent, as the specter of a recession in the U.S. haunted traders who fear it will diminish oil demand from the world's biggest consumer.
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Oil prices steadied on Thursday after  they had fallen three percent a day earlier when a surprise  increase in U.S. fuel stocks eased worries about meeting peak  winter demand.
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Oil prices rose Tuesday, recovering some ground lost when prices fell more than $1 a barrel a day earlier as traders monitored the weather and OPEC production cuts
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The dollar rallied sharply on  Wednesday, erasing early losses, after oil prices plunged $3  per barrel on news of a bigger-than-expected build in U.S.  crude oil supplies.
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The dollar rose on Tuesday as steep falls  in oil prices helped to lift it from multi-month lows hit the  previous day, but traders said the recovery could be  short-lived on worries about the U.S. economy.
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Oil held near $80 a barrel after earlier rising to its third record high in as many days on Friday amid concerns over low inventories of fuel in consuming nations.