Ceasefire in Najaf helps to steady global oil prices
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World oil prices firmed on Friday after a five-session drop amid renewed concerns over unrest in Iraq despite a ceasefire in its holy city of Najaf.
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A peace deal between rebel gangs in Nigeria helped drag the price of a barrel of oil back below $50 in New York yesterday, giving a boost to the equity markets and pushing
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NEW YORK : US share prices surged on Wednesday as bargain hunting and news of a peace deal in the Iraqi city of Najaf overcame all-time high oil prices and weak demand for the Google share float.
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Crude oil futures declined for a fifth session Thursday as a cease-fire in Najaf eased concern that shipments from Iraq would be disrupted.
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ISN SECURITY WATCH (30/09/04) - The worldâs oil markets remained jittery this week after spot prices for crude reached historic highs, and the announcement of a truce between Nigerian rebels and government forces was not enough to convince traders
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Oil prices rose on Friday as a sabotage  attack on Iraqi oil infrastructure reignited concern about the  reliability of crude exports from the country despite a peace  deal to end an uprising in Najaf.
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Oil prices pierced the $50-a-barrel  mark again on Friday amid concern over possible conflict in  Nigeria's oil-producing delta region, where a two-day truce  between rebel militia and government forces is holding.
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Oil prices closed higher on Friday for  the first time in a week as worries lingered about  supply  disruptions from Iraq even after Thursday's deal between  Shi'ite religious dealers seeking peace in the city of Najaf.
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A tentative truce between militia fighters and government troops in Nigeria&#39;s oil-rich south appeared to be holding Thursday as the two sides held a second round of talks in the capital, officials said.
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LONDON: World oil prices rebounded slightly Thursday in the wake of multiple pipeline attacks in major producer Iraq, traders said.
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Crude oil futures rose in New York, after falling from a record on Friday, as fighting in Iraq&#39;s holy city of Najaf damped expectations the country would restore oil exports to full capacity.
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Oil steadied near $66 a barrel on   Tuesday, with bargain-hunting traders ending a six-day retreat   after Iran sounded a softer note on its atomic programme and   OPEC agreed to keep production steady for now.
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SINGAPORE -- The restoring of oil exports from Iraq helped keep prices steady in Asia Tuesday but concerns over supply stability continues to keep the market near historic highs.
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Oil prices fell for the fifth day in a  row on Thursday after word of a peace deal in the embattled  Iraqi city of Najaf raised hopes of more reliable oil shipments  from the energy-rich country and encouraged a run of  profit-taking by big money speculators.
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Oil prices stopped a five-day slide on Friday on renewed supply concerns after fresh Iraqi pipeline attacks outweighed an end to a three-week uprising in the city of Najaf.
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Oil prices rebounded to above $66 a   barrel on Tuesday, with bargain-hunting traders ending a   six-day retreat after Iran sounded a softer note on its atomic   program and OPEC agreed to keep production steady for now.
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Oil prices held just below the $47 mark on Monday as Iraq resumed exports from both its northern and southern outlets after lengthy disruption, despite fierce fighting in the holy city of Najaf.