Oil Eases as Heating Oil Spike Subsides
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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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NEW YORK  - World crude oil prices slipped, halting a price spike triggered by fears of tight energy supplies in the northeastern United States.
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World oil prices fell on Thursday,  resuming a two-week slide as rising crude inventories eased  concerns over winter fuel supplies.
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OIL prices were easing back from their recent record highs yesterday as the cost of a barrel dipped below the $46 mark.
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OIL prices retreated in New York and rose marginally in London today as worries about the impact of Hurricane Frances subsided. New York&#39;s reference contract, light sweet crude for October delivery, tumbled
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Oil prices fell Thursday after moving close to US$49 a barrel as markets digested news of a rise in crude inventories but lower-than-expected US heating oil stocks.
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World oil prices eased on Thursday as  signs of strong supply on physical crude markets encouraged  dealers to take profits from a bounce in the previous session.
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Oil prices dropped nearly 6.5 percent  in thin holiday trade on Monday as forecasts of a return to  mild winter weather in the U.S. Northeast eased worries about  heating oil supplies.
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Oil prices fell more than a dollar to  under $43 a barrel on Monday as unusually mild winter weather  in the United States eased fears that thin heating fuel  stockpiles could prove inadequate.
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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 Friday, but still  within sight of the $55-mark as traders feared time was running  out to top up low heating oil supplies before winter.
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Oil prices fell on Wednesday after U.S.  stocks data showed a larger-than-expected rise in heating fuel  supplies as mild winter temperatures suppressed demand in the  United States.
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WASHINGTON: Oil prices retreated slightly yesterday after surpassing $54 a barrel amid nagging concerns in the market that the global supply buffer is too thin to handle a significant output disruption.
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Oil prices eased from new highs on Friday as dealers pocketed profits from a long record-breaking run after escalating violence in Iraq took US crude close to $50 a barrel.
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Oil prices slid $2 on Monday on  expectations that more mild U.S. weather at the start of the  New Year will limit heating oil demand.
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Oil prices eased on Friday as a hurricane subsided in the Gulf of Mexico, although prices held near the previous day's record high on supply worries ahead of peak winter demand.
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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.