Update 7: Oil Prices Steady Ahead of Arctic Cold
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Oil futures fell slightly on Tuesday even as the market braced for a possible Arctic blast in the United States that could drive up demand for home-heating fuels.
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Oil prices were steady on Thursday as  concern over lean heating fuel supplies in the United States  and Europe ahead of winter stemmed falls of nearly $10 since  late October.
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An above expected chilly winter almost a week away from its official arrival date, with temperature already hovering below freezing; top it with a US government data showing a slight decline in crude and heating oil supplies is a wonderful recipe for
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Oil prices eased on Friday as swelling  crude stockpiles countered worries over a cold snap in the U.S.  Northeast that is expected to keep furnaces fired up until the  middle of next week.
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Oil prices eased on Wednesday on mild  U.S. weather as traders waited to see whether the first cold  snap of the U.S. winter has eaten into low heating fuel  supplies.
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Oil futures clung to a narrow range Tuesday as the market braced for an expected Arctic blast in the United States that could drive up heating oil prices, while traders fretted over potential supply disruptions in Saudi Arabia, Russia and Iraq.
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Oil prices rose for the second day on  Wednesday ahead of U.S. government data expected to show a  slight decline in winter heating fuel stocks.
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Oil prices rose on Friday as tight supplies of distillate fuel, including heating oil, ahead of the northern hemisphere winter spurred buying.
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WASHINGTON -- Oil prices were steady yesterday as traders weighed forecasts calling for mild US weather next week against anticipated further cuts by OPEC.
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Oil prices held steady on Wednesday  as traders awaited key inventory data in the United States, the  world's biggest energy consumer, and a fresh outlook on the  U.S. economy from the Federal Reserve.
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Crude oil futures were trading steady today as traders awaited a weekly snapshot of US petroleum inventories, especially of heating oil.
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Oil futures steadied Thursday after a jump that reflected a drop in US crude and heating oil stocks amid rising demand fueled by cold weather spreading across the US Northeast and Midwest.
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Oil prices held firm above $55 a  barrel on Wednesday as traders braced for the start of the  northern winter with thin heating oil supplies.
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Oil prices edged higher for the second  day on Wednesday ahead of U.S. government data expected to show  a slight decline in winter heating fuel stocks.
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Oil prices held firm on Monday, clinging to gains made in the last week as the key heating oil consuming region of the U.S. Northeast braced for a cold snap that could test low winter fuel supplies.
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Oil prices held steady on Friday just  hours ahead of a key meeting of the OPEC producers' cartel,  which was expected to agree to curb crude output running above  the group's official production limits.
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Oil prices steadied on Friday,  stemming heavy losses this week, with a bout of cold weather in  the United States expected to keep up demand for heating fuels  over the weekend.