Update 6: Winter Fuel Supply Worries Continue on Data
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Concerns about winter fuel supplies were heightened Wednesday after a report showed US inventories of distillate, which includes heating oil, shrank for the sixth straight week.
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Oil prices ticked higher on Tuesday, holding above &#36;42 a barrel as dealers awaited signs of any renewed cold snap that would revive demand for winter heating fuels in the United States.
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U.S. oil prices hovered near $47 a  barrel on Wednesday, awaiting data that was expected to show a  big drop in fuel stocks in the United States due to  weather-related disruptions to output and shipments.
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Oil prices stayed close to six-week highs on Friday on forecasts that a bout of cold weather in the United States would raise demand for heating fuels and natural gas.
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Oil prices extended losses on Thursday  after a bigger-than-expected rise in U.S. fuel inventories  soothed worries of a winter squeeze.
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Oil prices stayed close to &#36;49 a barrel on Thursday, supported by a forecast for an early cold snap in the United States that could put a strain on a thin supply cushion of winter heating fuel.
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Top forecasters predict normal to colder-than-normal weather for the U.S. Northeast this winter, but high fuel stockpiles may buffer consumers in the world's biggest heating oil region from price spikes.
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By THE DENVER POST The Rocky Mountains' recent cold and snow has put a chill on natural gas production.
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The U.S. winter will be longer and  slightly colder than the last, private forecasters say,  spelling a spike in heating oil and natural gas demand even as  high oil prices drive up the cost of heating.
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Oil prices extended recent heavy losses on Wednesday ahead of weekly U.S. data expected to show fuel stocks rising in time for peak winter demand.
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SINGAPORE, NOV 19: Oil prices were little changed on Friday as traders waited to see whether the onset of the northern winter will put a squeeze on low heating fuel stocks.
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Oil prices held steady on Thursday as data showing stubbornly low U.S. heating fuel supplies ahead of winter stemmed a rout of nearly &#36;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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: Crude futures fell again today, extending a decline over the past two weeks on the belief that rising US oil supplies will meet demand for the Northern Hemisphere winter.
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U.S. residential heating oil prices  declined for the second week in a row and refineries have more  crude oil supplies to increase their heating fuel inventories  for the winter, the government said on Wednesday.
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Oil prices fell on Thursday, extending  losses triggered the previous session by U.S. data showing a  big rise in stocks of winter heating fuels in the United States  as mild weather suppressed demand.
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Oil prices broke into fresh record  territory above $52 Thursday on heightened concerns that  supplies of heating fuels will prove inadequate during the  northern hemisphere winter.