Oil Heads Up Ahead of Fuel Stocks Data
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U.S. oil prices rose on Wednesday,  pausing from a losing streak well above $40 a barrel, although  dealers said data on fuel supplies in the United States due  later in the day may trigger a new slide in the market.
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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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Airline stocks moved slightly higher Tuesday on hopes fuel costs might become more manageable after the head of the Organization of Petroleum Exporting Countries said crude oil prices would likely retreat in the next few months.
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U.S. stocks were higher on Wednesday  even as crude oil prices touched a record at over $52 per  barrel, which helped boost energy shares.
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Crude oil futures rose yesterday ahead of an extended weekend for traders, even though weekly government data showed rising domestic inventories of crude and distillate fuel, which includes heating oil.
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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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Stock index futures edged up on Friday before a government report that is expected to show 70,000 jobs were created last month, while oil prices hovering near $99 a barrel kept investors on edge.
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U.S. stock futures pointed to a  higher market open on Wednesday, with oil dipping below $49 a  barrel and a batch of economic data on tap.
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Oil prices rose on Tuesday on cheery  economic data showing that inflationary pressure was held in  check in July and ahead of weekly inventory due out on  Wednesday forecast to show a draw in crude stocks
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U.S. oil prices hovered near &#36;47 a barrel on Wednesday, awaiting data that was expected to show a big drop in fuel stocks in the United States due to weather-related disruptions to output and shipments.
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Oil prices edged higher for the  second day on Wednesday, recovering from a week-long $5 slump  ahead of U.S. inventory data expected to show a slight draw in  distillates, which include winter heating fuel.
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U.S. stocks rose  on Wednesday as oil prices stayed below &#36;50 a barrel ahead of weekly crude inventory figures and U.S. consumer sentiment improved slightly in November.
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U.S. stocks looked to rise on Tuesday,  with stock futures pointing to a slightly higher open, as oil  prices held below $42 a barrel and a quiet Wall Street awaited  December consumer confidence data for direction.
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Oil prices edged up toward $48 a barrel early on Friday as worries that an early or severe winter could stress low winter fuel stocks helped staunch the market&#39;s $8 tumble from record highs.
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Oil prices climbed on Friday as tight  supplies of distillate fuels ahead of the northern hemisphere  winter spurred buying.
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Oil prices rose for the second day on  Wednesday ahead of U.S. government data expected to show a  slight decline in winter heating fuel stocks.
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Oil prices rose on Wednesday ahead of a  weekly government report on U.S. stockpiles as tensions  simmered in the Middle East following the killing of former  Lebanese Prime Minister Rafik al-Hariri.