Crude Oil Rises on Saudi Blast and Increased US Fuel Demand
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Crude oil rose as reports of an explosion in Saudi Arabia&#39;s capital, Riyadh, boosted concern about security of oil facilities in the world&#39;s biggest oil exporter.
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Oil rose more than a dollar on Thursday in response to a big fall in crude oil stocks in top consumer the United States and the killing of Pakistani opposition leader Benazir Bhutto in a gun and bomb attack.
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NEW YORK  - Oil prices rose for a second day onWednesday after blasts were heard in Saudi Arabia's capital andafter the U.S. government reported another decline in leanwinter heating fuel stocks.
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Aug. 18 (Bloomberg) -- Crude oil prices rose to a record $47.39 a barrel in New York after an Energy Department report showed that US refineries boosted their operations and that gasoline demand rose to the highest level this year.
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Oil prices rose for the second day in a row on Thursday with an Arctic blast forecast to hit the United States next week, ramping up demand for heating fuels.
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NEW YORK - Crude oil prices took a big jump Wednesday after a US Energy Department report showed a drop in crude oil inventories amid a cold snap in the big oil-consuming states of the US northeast.
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Crude oil prices rose Wednesday even as the government report showed a sharp increase in US inventories of crude oil. On the New York Mercantile Exchange, crude futures for
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Oil prices rose for a second day on  Wednesday after blasts were heard in Saudi Arabia's capital and  after the U.S. government reported another decline in lean  winter heating fuel stocks.
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Oil prices rose for the second day in  a row on Thursday with an Arctic blast forecast to hit the  United States next week, ramping up demand for heating fuels.
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Oil prices were forced higher today by an outbreak of violence in Saudi Arabia and concerns that Opec may cut output. The cost of a barrel of light, sweet crude oil climbed
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US oil prices rose on Monday as Iraq&#39;s oil exports continued at more than 30 percent below normal after sabotage attacks on pipelines.
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LONDON - Oil&#39;s record-breaking rally lifted US crude beyond $52 a barrel this week, fueled by the impact of Hurricane Ivan on US winter inventories.
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Crude oil prices rose to a record in New York and London after hurricanes in the Gulf of Mexico curbed US production for more than three weeks, slowing the accumulation of supplies to meet winter needs.
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Oil prices rose for a second day on  Wednesday after a pair of car bombs exploded in Saudi Arabia's  capital and after the U.S. government reported another decline  in lean winter heating fuel stocks.
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World oil prices climbed on Monday as companies operating in the US Gulf of Mexico braced for output disruptions from powerful Hurricane Ivan.
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Oil prices rose for a second day on  Wednesday after a car bomb exploded in Saudi Arabia's capital  and after the U.S. government reported another decline in lean  winter heating fuel stocks.
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Crude-oil futures rose Friday on fears of a possible terrorist attack before Tuesday&#39;s US election, but the market&#39;s recent downturn may continue next week.