Oil extends losses on warmer weather
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London Brent crude slid over a dollar to $57 on Tuesday but remained in a $57-$60 a barrel range that has defined the market for the past three weeks.
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Oil extended a retreat from record highs on Monday, sliding towards $78 a barrel after tropical storm Ingrid faded in the Atlantic and as concerns about the global credit squeeze took centre stage.
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Oil prices fell on Thursday as forecasts  of mild U.S. weather prompted traders to take profits from a  rally that has added over 30 percent to the cost of crude this  year.
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The price of crude oil falls by more than a dollar in New York, as mild weather in northern US states eases demand for heating oil.
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Oil prices fell by more than $1 a barrel yesterday and analysts said ample global supplies at a time of year when demand is weak could prompt more selling -- at least until winter heating demand kicks in.
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Oil prices extended gains above &#36;41 a barrel on Tuesday on forecasts of colder temperatures in the U.S. Northeast, a supply cut by top OPEC producer Saudi Arabia and disruptions to Iraqi crude exports.
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Oil prices extended their slide Friday on a growing sentiment that the country might be headed for a recession that would depress demand for oil.
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Oil prices fell 5 percent on Monday as  forecasts of a return to mild winter weather in the U.S.  Northeast eased worries about heating oil suppplies.
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NEW YORK -- Oil prices pulled back after briefly surpassing $62 a barrel yesterday, as traders regarded forecasts of warm US weather as an opportunity to take some profits.
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Crude futures fell by more $2 a barrel on Monday as traders anticipated warmer weather in the US Northeast later in the week and responded to weekend snowstorms in the US Midwest that kept motorists off the road.
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Oil prices eased on Monday in  profit-taking on heating oil from sharp gains last week sparked  by concerns over low supplies of winter heating fuels.
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Battered oil prices fell again on  Friday, extending this week's 14 percent slide, as  disappointing U.S. jobs data deepened a slump driven by easing  worries about winter supplies.
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Oil fell on Monday, extending the  previous session's decline, as the market mulled over gloomy  U.S. economic data and the impact on demand should the world's  top energy consumer slip into recession later this year.
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Oil prices edged further below $49 a  barrel on Tuesday as the frigid U.S. Northeast looked ahead to  warmer conditions and some traders moved to the sidelines ahead  of Iraqi elections and an OPEC meeting.
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OIL prices extended heavy recent losses as United States government data showed crude stocks building for an eighth straight week ahead of winter.
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Oil prices extended losses below $46 on  Tuesday in a third day of falls as a more optimistic Iraq  export picture helped unwind some of the supply worries that  have lifted the market to historic levels.
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SINGAPORE: Oil prices extended losses to fall below $46 Wednesday ahead of weekly US data expected to show fuel stocks rising in time for peak winter demand.