Oil Firm After 4 Percent Jump
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Oil prices held firm on Friday after leaping almost $2 a day earlier on news US crude stocks sank to a five-month low last week and distillate fuels barely grew ahead of winter.
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Oil prices held firm above $47 a barrel  as signals from the OPEC cartel of a possible cut to production  countered fears of a slowdown in second-quarter demand.
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Oil prices held firm above &#36;55 a barrel on Wednesday as traders braced for the start of the northern winter with thin heating oil supplies.
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Oil ended a slide on Monday, firming  up as cold weather in the U.S. Northeast promised higher fuel  demand and sabotage in Iraq once again disrupted the country's  exports.
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U.S. consumers shrugged off record  oil prices to keep spending at the start of the fourth quarter,  data on Friday showed, in an upbeat sign for growth that may  presage another Federal Reserve rate hike in December.
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Oil prices firmed on Friday, cementing  this week's gains spurred by worries a U.S. cold spell could  erode already low winter fuel inventories.
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Oil prices held firm on Tuesday as China  showed no let-up in its strong import growth and U.S. Gulf  producers reported damage to offshore rigs from Hurricane Ivan.
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U.S. oil prices were slightly softer on Monday after a four-day break, but the threat of a cold winter stretching persistently low global heating oil inventories kept the market within sight of &#36;50 a barrel.
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US consumers shrugged off record oil prices to lift spending at the start of the fourth quarter, data on Friday showed, in an upbeat sign for growth
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Oil prices bounced back on Friday, ending this week&#39;s 8 percent slide on renewed winter supply fears and jitters ahead of next week&#39;s US presidential election.
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WASHINGTON -- Oil prices bounded higher for the fourth day in a row yesterday, with further declines in US supply expected as petroleum producers disrupted by hurricane Ivan continue to regroup.
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Oil held firm within sight of its new $90 high on Friday as the U.S. dollar plumbed new lows and pre-winter fuel stocks languished below norms, lending support to an over 13 percent surge in under two weeks.
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Oil prices held firm Friday after pipeline sabotage in northern Iraq kept up supply fears that have revived a powerful price rally.
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NEW YORK : World oil prices firmed 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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World oil prices held firm on Friday after pipeline sabotage in northern Iraq kept up supply fears that have revived a powerful price rally.
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Oil prices bounced nearly $2 to $44 a barrel yesterday after government and industry data showed a sharp drop last week in the nation's supply -- a surprise to most traders, who expected inventories to be steady or grow slightly.
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Oil prices held strong Friday after a &#36;2, five percent surge higher as OPEC ministers weighed the timing of a possible further output cut for the spring.