Oil prices hover above US$43 in Asia but market calm after Saudi ...
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SINGAPORE : Oil prices pushed past 43 dollars in Asian trading but the market was quite calm as the focus shifted to OPEC following a bloody attack on the US consulate in the Saudi port city of Jeddah.
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Oil prices ticked up in Asian trading but remained below the 47-dollars a barrel level amid expectations of a further easing of supplies in the coming weeks, dealers said.
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Nagging concerns about tight heating oil supplies and increasing pressure within OPEC to rein in overproduction sent oil prices above US$43 a barrel on Thursday.
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Oil steadied above $62 on Friday,   supported by signals that some OPEC producers may trim output   to stem a price decline caused by ample U.S. inventories.
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Singapore: Crude futures stayed close to the US$49 mark in Asia today, amid renewed fears that heating oil supplies may not meet demand for the coming Northern Hemisphere winter.
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Oil edged up above $64 a barrel on   Wednesday as traders cautiously await the debate among members   of the U.N. nuclear watchdog over Iran's atomic work, and on   renewed concerns over disruptions to Nigerian supplies.
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SINGAPORE -- Oil prices remained below the $50 a barrel mark in Asian trading Monday but fears of escalating violence in Iraq kept traders on edge.
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Oil lingered above the $50 per barrel threshold in Asian trade Wednesday, breaching the mark for the second straight day ahead of key US crude stockpile data.
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Oil prices eased from near-record highs in Asian trade today after the US government said it may draw from its strategic reserves to make up for supply shortages, dealers said.
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Overnight trading in Asia kept oil prices at around the USD53.64 closing record they set in NY last night. Analysts said the price was supported by new concerns about the possible effects of a general strike
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OIL retreated further from its $US53 a barrel threshold in early Asian trade today, but players in the market remained edgy about tight supplies heading into North America&#39;s winter heating season.
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Oil stayed well above $64 a barrel on  Thursday as the stand-off over Iran's nuclear program and  concerns over Nigerian supplies due to an oil workers' strike  supported the market.
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Crude oil prices in Asia reached US$ 52.23 as reports emerge of a possible strike in Nigeria and a sluggish revival of output in key Gulf of Mexico oilfields.
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Oil prices slipped on Thursday,  holding most of the previous day's gains after car bombs in  Riyadh rekindled fears over Middle East supply security, one  factor behind a rally that pushed the average U.S. crude price  34 percent higher this year.
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Oil prices edged higher in Asian trading Friday but remained below the $44 level following a ceasefire in the battle-torn Iraqi city of Najaf, dealers said.
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Oil prices eased on Tuesday, as  Middle East cyclone fears waned, but concerns over gasoline  supply in the United States kept crude above the $70 mark.
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OIL prices edged higher in Asian trading today as the market waited for a decision by OPEC ministers on whether to cut the cartel&#39;s production when they meet in Egypt later today.