Oil: Price ends lower after jump over US$54
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NEW YORK - Oil prices jumped to record highs above US$54 on Tuesday as supply hitches hindered efforts to build northern hemisphere winter heating fuel inventories.
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Traders brace for another rise in US crude, natural gas stocks, IEA says prices may have peaked. LONDON  - Oil prices fell to seven-week lows Wednesday, below $47 a barrel, as traders braced for another
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Oil fell back toward $62 on Friday after   OPEC member Nigeria appeared to be alone in its decision to   trim output to stem a two-month price slide.
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Oil prices climbed back to $54 a barrel on Thursday as a US government report showed another fall in heating fuel stocks ahead of winter.
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Oil prices fell on Friday as U.S. economic concerns mounted and traders took profits from a rally this week that sent prices to near record levels. U.S. crude settled down 62 cents at $96 a barrel, after trading as high as $97.92. London Brent settled 90 cents lower at $93.88 a barrel.
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Oil prices fell below $48 US a barrel Wednesday after the US government reported increases in the US supply of crude oil and distillate fuel, which includes heating oil.
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US oil prices are holding above $54 a barrel in electronic trade in Asia Thursday after a larger-than-expected decline in heating fuels in the United States heightened fears of a winter supply crunch.
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Crude oil prices plunged below US$44 a barrel in New York today, after government data showed US petroleum stocks rose across the board last week.
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SINGAPORE : Crude oil prices slipped below US$50 a barrel in Asian trading on Tuesday as the market waited for the outcome of the US presidential elections, dealers said.
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NEW YORK Oil prices have skidded below 48 dollars a barrel after the US government reported increases in the nation&#39;s supply of crude oil and distillate fuel, which includes heating oil.
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Oil prices ended lower on Tuesday on  signs that high energy costs are slowing the economic growth  that has fueled this year's sharp increase in world oil  consumption.
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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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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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Oil prices hit all-time highs near 54 dollars in Asian trade as a general strike in Africa's biggest oil producer Nigeria turned the heat up further on jittery market and brought 65 dollars within sight.
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Oil prices surpassed $54 a barrel Tuesday due to nagging concerns in the market that the global supply buffer is too thin to handle a significant output disruption.
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The benchmark US crude was down 96 cents, or 2%, to $43.03 a barrel, as traders felt confident about supply-and-demand dynamics. Prices are now down about 13% from their intraday record high of almost $50 a barrel on Sept.
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U.S. stocks ended slightly lower on  Tuesday, but well above their lows, after crude oil retreated  from a record of over $54 a barrel.