Oil falls below $66 on OPEC, Iran
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Oil prices fell below $66 on Monday as   Iran offered to temporarily halt its nuclear enrichment program   and on expectations that OPEC will keep output steady at high   rates this year.
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Oil prices slumped to their lowest  level in nearly four weeks on Monday as OPEC members signaled  they may leave production unchanged through the rest of the  winter.
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U.S. oil prices fell to a one-month low below &#36;45 a barrel on Tuesday, under pressure from signs OPEC would not cut production until its March meeting and on forecasts of rising U.S. crude stockpiles.
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Oil extended losses for the seventh   consecutive session on Tuesday, retreating to around $65 a   barrel, after Iran sounded a softer note on its atomic program   and OPEC agreed to keep production steady for now.
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With crude oil prices drifting down to as low as $ 41 per barrel, OPEC is expected by many observers to slash production, when it meets on Friday.
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WASHINGTON -- Oil prices fell to a five-month low yesterday amid easing gasoline demand and growing doubts among some traders that Iran will pull supplies off the market.
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Oil fell below $69 a barrel on Monday,   pulled lower by expectations any sanctions against oil producer   Iran were a way off and would not necessarily disrupt export   flows.
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Oil prices dipped below $62 on Monday, extending last week's losses, as concern over brimming global fuel inventories offset a likely second OPEC supply cut and news of deepening Saudi export curbs.
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BEIRUT: Oil hit a four-month low Friday despite OPEC&#39;s decision to cut output by around 4 per cent in a bid to reverse the recent sharp fall in prices.
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Oil fell more than a dollar to less than $68 a barrel yesterday, pulled lower by expectations that any sanctions against oil producer Iran were in the distance and would not necessarily disrupt export flows.
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Oil steadied above $65 a barrel on   Tuesday, taking a breather from a six-day retreat after Iran   sounded a softer note on its atomic program and OPEC agreed to   keep production steady for now.
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Oil edged lower towards $77 a barrel on Monday, with the market keenly watching the actions of funds after OPEC expressed concern over near record prices and pledged to pump more crude if needed.
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Oil fell toward $61 on Tuesday on   robust U.S. inventories ahead of the winter heating season, but   producer group OPEC said the price slide from peaks this summer   had gone far enough.
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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.
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Oil dropped nearly 3.5 percent to below $58 on Monday as OPEC members including Saudi Arabia signaled the group would probably keep output stable when it meets in March and as U.S. winter supply concerns eased.
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Oil fell more than a dollar to around   $68 a barrel on Monday, pulled lower by expectations that any   sanctions against oil producer Iran were some way off and would   not necessarily disrupt export flows.
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Oil prices fell again on Tuesday, easing  U.S. crude below $53 a barrel, on signs that energy costs are  slowing the economic growth that fueled this year's sharp  increase in world petroleum consumption.