Crude prices fall despite attacks on Iraq pipeline
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LONDON: World oil prices fell strongly yesterday for the second day running as worries over supply disruptions eased with traders claiming overnight pipeline attacks in major producer Iraq were unlikely to affect the country&#39;s crude exports.
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Oil prices fall as it emerges that supply from Iraq will not be affected by a bomb blast and Opec's  members are already producing more oil.
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WASHINGTON - Oil futures dropped by nearly $1 per barrel Monday despite pipeline sabotage in Iraq that has delayed exports from a southern port - reinforcing the view among traders that prices had risen too fast earlier this summer.   "It just goes to show you that when the psychology turns, it turns," said Tom Bentz, a trader at BNP Paribas Futures in New York...
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LONDON : Oil prices declined in opening deals as supply fears receded after Iraq resumed oil exports through its southern pipelines and speculative activity dwindled, analysts said.
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Oil prices edged higher on Thursday  from a heavy drop the day before as renewed violence and  sabotage attacks in Iraq revived fears over supply disruptions.
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Oil prices fell below $48 a barrel as tensions between US forces and rebel fighters in Iraq eased, raising hopes that attacks against the country&#39;s oil infrastructure would subside. US light crude for September delivery settled at $47.86 on the New York ...
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Crude oil prices have dipped in New York, sliding as much as two dollars to around $50 a barrel. That&#39;s extending declines seen last week despite concerns that a planned strike in Nigeria could affect output.
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London Brent crude fell briefly through  $40 on Thursday for the first time in three weeks, extending  heavy losses to a fifth session as renewed exports from Iraq  and higher-than-expected U.S. gasoline inventories encouraged  big-money funds to take profits.
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Crude oil prices fell slightly Tuesday even as the expectation of another cold snap increased traders&#39; concerns about heating-oil supply.
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Crude oil futures were little changed in New York after falling Friday on expectations reduced fighting in Iraq&#39;s holy city of Najaf may enable the country to restore oil exports to full capacity.
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Oil prices tumbled on Monday after OPEC  producers agreed to keep crude output unchanged for now and  Iraq's elections passed without disruption to oil exports.
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Oil prices edged higher on Thursday from a heavy drop the day before as renewed violence and sabotage attacks in Iraq revived fears over supply disruptions.
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Oil exports from Iraq have been cut in half by a series of well-orchestrated attacks, officials said Thursday, but the news failed to have any immediate impact on oil prices.
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The price of oil slid toward $42 a barrel yesterday despite confusion about the status of Iraqi exports, indicating the market has become less worried about the global balance of supply and demand.
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Oil prices held steady on Tuesday after falling 2 percent a day earlier and were set for further falls in anticipation of higher U.S. crude stocks despite concerns over disruptions to Iraqi oil flow.
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Oil prices fell sharply to $45 on  Tuesday, extending losses to a third day as a more optimistic  Iraq export picture helped unwind some of the supply worries  that have lifted the market to historic levels.
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THERE were fresh fears over petrol prices today after saboteurs attacked a number of pipelines in southern Iraq. The latest attacks add further pressure on petrol companies to raise prices at the pumps in order to protect their investment.