Oil Prices Steady, U.S. Inventories Swell
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Oil prices held steady on Wednesday as  the U.S. government reported a rise in crude and gasoline  stocks but tensions simmered in the Middle East following the  killing of Lebanon's former Prime Minister.
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Oil prices steadied on Tuesday with concerns over gasoline supply in the United States keeping crude above the $70 mark even as fears eased that a cyclone in the Middle East would disrupt production.
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Oil prices drifted around $47 a  barrel early on Wednesday, well off recent peaks as traders  braced for another increase in U.S. crude oil inventories.
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Oil prices were steady on Thursday  after shedding gains made earlier in the week following a  massive build in crude stocks in the United States.
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Oil prices held steady near $47 a barrel  on Wednesday a day after setting yet another record when the  United States, the world's biggest oil consumer, said inflation  had stayed in check despite rising energy costs.
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Oil prices held steady near $47 on  Wednesday, a day after striking another record peak as U.S.  inflation stayed in check despite scorching energy costs and  ahead of weekly data expected to show a drop in crude stocks.
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Oil prices held firm on Friday after  leaping almost $2 a day earlier as the U.S. government said  crude stocks sank for the sixth straight week and distillate  fuels barely grew ahead of winter.
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Oil prices steadied on Friday,  stemming heavy losses this week, with a bout of cold weather in  the United States expected to keep up demand for heating fuels  over the weekend.
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Oil prices eased on Wednesday, as gasoline inventories in the United States were expected to rise for the sixth week to soothe fuel supply concerns, though forecasts for strong demand limited losses.
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Oil prices rose modestly on Tuesday  following Monday's 6 percent slide on rising U.S. stockpiles  and expected warmer winter weather.
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Oil futures steadied Thursday after a jump that reflected a drop in US crude and heating oil stocks amid rising demand fueled by cold weather spreading across the US Northeast and Midwest.
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Oil prices held firm, close to $47 a  barrel on Wednesday after U.S. data showed the disruption  caused by Hurricane Ivan had eaten into fuel stocks.
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Crude oil in New York was little changed after its biggest drop in three years as a larger-than- expected increase in US heating oil inventories eased concern stockpiles aren&#39;t rising fast enough to meet winter demand.
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Stocks were little changed on Wednesday as investors awaited U.S. data on oil inventories, while oil prices extended a rise to record highs, potentially straining consumer spending and corporate profits.
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Oil steadied above $62 on Friday,   supported by signals that some OPEC producers may trim output   to stem a price decline caused by ample U.S. inventories.
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Oil prices slipped 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 held steady on Wednesday  as traders awaited key inventory data in the United States, the  world's biggest energy consumer, and a fresh outlook on the  U.S. economy from the Federal Reserve.