Oil rebounds above $61 after six-month low
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Oil rebounded above $62 on Monday,   after briefly sliding to a six-month low on abundant supplies   in top consumer the United States and fears that slower U.S.   economic growth would stunt fuel demand.
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Oil prices rebounded toward $58 on Thursday after freezing weather cut fuel stocks in the world's top oil consumer, the United States and as buyers re-emerged following a 2 percent sell-off the previous day.
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Oil rose on Monday, nearing $91 a barrel, with prices supported by the closure of Mexico's oil export terminals due to bad weather, as well as OPEC's dismissal of calls to raise output.
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LONDON - World oil prices ticked up from a three-month low on Monday as traders looked for Opec to take action to stem a slide which knocked 14 per cent off crude prices last week.
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Oil prices rebounded from seven-week lows Wednesday, jumping $1 as a drawdown in US heating fuel stocks rekindled worries about thin supply levels ahead of the northern winter.
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Oil fell below $61 a barrel on Wednesday   after a larger-than-expected increase in fuel inventories in   the United States, the world's largest oil consumer.
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Oil prices edged higher on Thursday   after hitting six-month lows the previous session, but big U.S.   fuel stocks and hopes talks with Iran could avert a crisis over   its nuclear program weighed on sentiment.
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Oil rose near $61 on Tuesday, adding to sharp gains the previous session, on expectations that a cold spell in the U.S. Northeast this weekend would boost demand in the world's biggest heating oil market.
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Oil prices came within a whisker of  retesting a near six-month low of $63 on Friday as supply  worries eased, knocking gold to three-month lows and dragging  resource shares such as Japan's INPEX lower.
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London crude oil prices rebounded to   around $68 a barrel on Tuesday after slumping to a more than   10-week low the day before, with many dealers moving to the   sidelines to await the next step in Iran's atomic stand-off.
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Oil prices came within a whisker of   retesting a near six-month low of $63 on Friday as supply   worries eased, knocking gold to three-month lows and dragging   resource shares such as Japan's INPEX lower.
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Crude futures rebounded slightly Tuesday, following a 6 percent drop the day before on forecasts calling for warmer weather in the US, which eased worries about tight supplies of winter fuel.
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Crude oil prices dropped below $60 a barrel for the first time in six months on Monday before rebounding a bit.
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Oil prices slid to fresh six-month lows   on Wednesday on rising winter fuel stocks and waning concern   over Iran, but the world's largest exporter Saudi Arabia   signaled prices may have fallen enough.
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Oil prices bounced off near six-month   lows on Thursday, giving a fillip to energy stocks such as   Japan's INPEX, while the yen firmed ahead of the Group of Seven   meeting at the weekend.
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Oil prices fell to a six-month low   under $60 a barrel on Monday as BP's move to restore output at   Prudhoe Bay earlier than expected added to a sense of healthy,   secure supplies, while demand growth questions loomed large.
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Oil prices surged more than $2 on  Thursday to their highest level in six weeks, tracking a nearly  10 percent rally in natural gas as a cold snap cranked up  furnaces across the Midwest.