Oil Ends Lower, Norway to End Strike
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World oil prices ended lower on Monday  despite notching a record high earlier in the day as the  Norwegian government moved to end an oil workers' labor dispute  that threatened shipments from the world's third largest  exporter.
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Blue chips ended lower yesterday as a drop in oil prices hit energy shares and buyers took profits after a series of record-high closes.
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Crude near $53 a barrel level as Nigeria and Norway set strikes, bombings in Egypt, Paris. NEW YORK (CNN/Money) - Oil prices see-sawed Friday, getting closer to the $53 a barrel level, as labor strife in Nigeria
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Oil workers threatened to step up an 11-week strike on Norwegian offshore oil fields on Friday by shutting down an oil production ship &#151; a move that could cut the amount of crude produced by the Nordic country by some 30,000 barrels a day.
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Oil prices ended lower on Tuesday on signs that high energy costs are slowing the economic growth that has fueled this year's sharp increase in world oil consumption.
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Oil prices fell to a four-week low yesterday, briefly dropping below $50 a barrel, as traders grew less concerned about possible threats to supplies.
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Oil fell back below $50 on Thursday, resuming a downturn that has cut prices 11 percent from record highs and ending a brief rally following President Bush&#39;s US election victory.
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New York - Oil prices continued to plummet on Thursday, falling almost five per cent to hit a 12-week low. On the New York Mercantile Exchange, the January contract for light sweet crude was down $2.24 US
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Oil prices steadied on Tuesday after  steep losses as concern faded over potential supply shortfalls  ahead of winter and Nigerian unions called off a strike that  could have disrupted exports.
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OSLO : Norway&#39;s oil production faces a total shutdown in mid-November after oil sector shipowners threatened to stage a lock-out to end a strike that has weighed on the industry since July.
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Oil prices slid nearly $2 a barrel to  end at 7-week lows on Tuesday, as growing signs of ample supply  eased concerns over fuel stocks for the northern winter.
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New York - Oil prices pulled back from fresh highs Monday, as the Norwegian government ordered striking workers back to the job, ending a labour dispute that threatened the output of the world&#39;s third-largest exporter of crude.
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Oil prices slipped toward $54 a  barrel on Tuesday, breathing easier after a Norwegian strike  threat receded but still anxious over the thin state of global  pre-winter heating oil supplies.
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Oil fell sharply on Thursday to its  lowest price in nearly two months after ample U.S. fuel  stockpiles eased investor fears of supply shortages as the U.S.  summer driving season drawing to a close.
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Oil prices ended lower on Tuesday on  signs that high energy costs are slowing the economic growth  that has fueled this year's sharp increase in world oil  consumption.
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Crude oil rebounded from its biggest drop in three years as 7 percent of Norway&#39;s production remained shut down. Statoil ASA, Norway&#39;s top oil company, has no estimate for when pumping will resume, a company spokesman said today.
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Oil dipped back below $64 a barrel on   Wednesday as traders await the debate among members of the U.N.   nuclear watchdog over Iran's atomic work.